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12. Ekin Inc's capital structure consists solely of debt and common equity. It can issue debt at rd=11%, and its common stock currently pays a

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12. Ekin Inc's capital structure consists solely of debt and common equity. It can issue debt at rd=11%, and its common stock currently pays a $2.00 dividend per share (D0=$2.00). The stock's price is currently $28, its dividend is expected to grow at a constant rate of 7% per year, its tax rate is 35%, and its WACC is 13.95\%. What percentage of the company's capital structure consists of debt? 12. Ekin Inc's capital structure consists solely of debt and common equity. It can issue debt at rd=11%, and its common stock currently pays a $2.00 dividend per share (D0=$2.00). The stock's price is currently $28, its dividend is expected to grow at a constant rate of 7% per year, its tax rate is 35%, and its WACC is 13.95\%. What percentage of the company's capital structure consists of debt

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