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ABC's cost of debt is 9 . 4 % and cost of equity is 2 2 . 1 % . The D / E ratio

ABC's cost of debt is $9.4 %$ and cost of equity is $22.1 % .$ The D $/$ E ratio is $4.47 .$ Assume no taxes. What is the firm's weighted average cost of capital $($ WACC $) ?$ Enter your answer as a percentage rounded off to two decimal points. Do not enter $%$ in the answer box.

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ABC's cost of debt is 9 . 4 % and cost of equity is 2 2 . 1 % . The D / E ratio

ABC's cost of debt is 9.4% and cost of equity is 22.1%. The D / E ratio is 4.47. Assume no taxes. What is the firm's weighted average cost of capital (WACC)? Enter your answer as a percentage rounded off to two decimal points. Do not enter % in the answer box.

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ABC's cost of debt is $9.4 %$ and cost of equity is $22.1 % .$ The D $/$ E ratio is $4.47 .$ Assume no taxes. What is the firm's weighted average cost of capital $($ WACC $) ?$ Enter your answer as a percentage rounded off to two decimal points. Do not enter $%$ in the answer box.