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5 pts Question 11 Suppose the electric car maker Nio's balance sheet looks like the following: Balance Sheet NIO Inc. on December 31st, 2121 $72,809

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5 pts Question 11 Suppose the electric car maker Nio's balance sheet looks like the following: Balance Sheet NIO Inc. on December 31st, 2121 $72,809 $233,585 Cash Accounts receivable Intellectual properties Property & Equipment Total Assets $301.589 Accounts payable $263,647 Long-term bond $247,396 $147.944 Common stock $960,576 Total Lib & Equity $654,182 $960,576 If Nio's management estimates that the market requires a 7% return on its common stock, the firm's bonds command a yield to maturity of 4%, and the firm faces a tax rate of 25%, then what is company's weighted average cost of capital

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