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answer isnt .0221. please show work ABC Co.'s cost of equity is 10%. The YTM of its outstanding debt is 8%, and its marginal tax
answer isnt .0221. please show work 
ABC Co.'s cost of equity is 10%. The YTM of its outstanding debt is 8%, and its marginal tax rate is 40%. The market value of its equity is $1,728,000 and the market value of its debt is $1,152,000. What is ABC 's weighted average cost of capital? Enter your answer as a decimal, rounded to 4 decimal places. Your Step by Step Solution
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Pricing And Hedging Financial Derivatives A Guide For Practitioners
Authors: Leonardo Marroni, Irene Perdomo
1st Edition
1119953715, 978-1119953715
