单选题

A company's data are provided in the following table:

Cost of debt  10%
Cost of equity 16%
Debt-to-equity ratio (D/E) 50%
Tax rate 30%

The weighted average cost of capital(WACC) is closest to:

【正确答案】 A
【答案解析】

Convert the D/E to determine the weights of debt and equity as follows: