Answer:
10.86 percent
Step-by-step explanation:
Calculation to determine the weighted average cost of capital
Weighted average cost of capital = (1/1.6) (0.145) + (0.6/1.6) (0.048)
Weighted average cost of capital = (0.625) (0.145) + (0.375) (0.048)
Weighted average cost of capital = 10.86 percent
Therefore Weighted average cost of capital is 10.86 percent