Wholesale Supply has earnings before interest and taxes of $148,600. Both the book and the market value of debt is $220,000. The unlevered cost of equity is 13.6 percent while the pretax cost of debt...

Wholesale Supply has earnings before interest and taxes of $148,600. Both the book and the market value of debt is $220,000. The unlevered cost of equity is 13.6 percent while the pretax cost of debt is 7.4 percent. The tax rate is 21 percent. What is the weighted average cost of capital?