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Bermuda Cruises issues only common stock and coupon bonds. The firm has a debt-equity ratio of 01.17. The cost of equity is 12.3 percent and

Bermuda Cruises issues only common stock and coupon bonds. The firm has a debt-equity ratio of 01.17. The cost of equity is 12.3 percent and the pretax cost of debt is 7 percent. What is the capital structure weight of the firm's equity if the firm's tax rate is 35 percent?

.4330 .5061 .5326 .5392 .4608

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