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Andrewwin Ltd has a debttoequity ratio of 0.4. Andrewwin Ltds debt is publicly traded and has a coupon rate and yield to maturity of 7%

Andrewwin Ltd has a debttoequity ratio of 0.4. Andrewwin Ltds debt is publicly traded and has a coupon rate and yield to maturity of 7% and 9%,respectively. It has a firms beta of 1.3. The risk-free rate is 5% and the expected return on the market portfolio is 12%. What is Andrew-win Ltds weighted average cost of capital if the corporate tax rate is 40%?

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