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15 The following information relates to the Atlas Division of Global Enterpris Interest rate on debt capital 8% Cost of equity capital: 12% Market value
15 The following information relates to the Atlas Division of Global Enterpris Interest rate on debt capital 8% Cost of equity capital: 12% Market value of debt capital: $55 million Market value of equity capital: $85 million Income tax rate: 40% On the basis of this information, Atlas's weighted-average cost of capital is closest to (Do not round your intermediate calculations ) 4.44% o 9.05%. 917%. ? 10.43%. O None of these
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