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A company is 47% financed by risk-free debt. The interest rate is 12%, the expected market risk premium is 10%, and the beta of the

image text in transcribedimage text in transcribed A company is 47% financed by risk-free debt. The interest rate is 12%, the expected market risk premium is 10%, and the beta of the company's common stock is 0.57 . What is the company cost of capital? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. A company is 39% financed by risk-free debt. The interest rate is 10%, the expected market risk premium is 8%, and the beta of the company's common stock is 0.60 . What is the company cost of capital? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places

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