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13. Problem 9-08 (WACC) ebook Problem Walk-Through WACC David Ortur Motors has a target capital structure of 40 debt and 60% equity. The yield to

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13. Problem 9-08 (WACC) ebook Problem Walk-Through WACC David Ortur Motors has a target capital structure of 40 debt and 60% equity. The yield to maturity on the company's outstanding bonds is 10%, and the company's tax rate is 25% Ortiz's CFO has calculated the company's WACC as 10,2%. What is the company's cost of equity capital? Round your answer to the nearest whole number. %

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