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5. Problem 10.11 (Wacc and Percentage of Debt Financing) Hook industries's capital mtructure consists soley of debt and common equity. It can issue debt at

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5. Problem 10.11 (Wacc and Percentage of Debt Financing) Hook industries's capital mtructure consists soley of debt and common equity. It can issue debt at rs12%, and its common stock currendy pays a $2.25 dividend per share (O5 = company's capital structure consists of debt? Do not reund interned ate calolations. Pound your answer to two dedmal places

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