Pioneering advertisements would most likely be used during which stage of the product life cycle?

(1) introduction
(2) decline
(3) maturity
(4) harvesting
(5) growth

Take it all away has a cost of equity of 11.11 percent, a pretax cost of debt of 5.36 percent, and a tax rate of 40 percent. the company's capital structure consists of 67 percent debt on a book value basis, but debt is 33 percent of the company's value on a market value basis. what is the company's wacc