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Canterbury Ltd's market value of equity is now worth $13,211,593. On its financial statement, it has a book value of debt of $7,002,619. It is

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Canterbury Ltd's market value of equity is now worth $13,211,593. On its financial statement, it has a book value of debt of $7,002,619. It is expected that the market value of debt is of similar value. Based on your estimation, the cost of equity is 15.33% and the cost of debt is 9.31% for Canterbury. The company tax rate is 25%. What is the weighted average cost of capital for Canterbury

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