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A firm currently has a debl-equity ratio of 1. The debt, which is virtually riskless, pays an interest rate of 9 %. The expected rate

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A firm currently has a debl-equity ratio of 1. The debt, which is virtually riskless, pays an interest rate of 9 %. The expected rate of return on the equity is 14 %. What is the weighted Average Cost of Capital If the firm pays no taxes? Enter your answer as a percentage rounded to two decimal places do no Include the percentage sign in your answer WACC Number Section Attempt 1 of 1 Verify

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