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Chi You are given the following information for Golden Fleece Financial Long term debt outstanding: Current yield to naturity (rdebt): Number of shares of common

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Chi You are given the following information for Golden Fleece Financial Long term debt outstanding: Current yield to naturity (rdebt): Number of shares of common stock: Price per share: Book value per share: Expected rate of return on stock (requity)! $440,000 6% 17, NO $50.40 $ 28 13% Calculate Golden Fleece's company cost of capital. Ignore taxes. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Cost of capital %

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