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Covishield is a leveraged company with an equity cost of capital of 14%, before-tax cost of borrowing of 3%, and marginal tax rate is 25%.
Covishield is a leveraged company with an equity cost of capital of 14%, before-tax cost of borrowing of 3%, and marginal tax rate is 25%. What is Covishield's weighted average cost of capital (WACC), if its debt-to-equity ratio is 0.3 ? Answer in percentage points and include four decimal places; do not include the '\%' in your answer, e.g., 10.1234 would be entered if the answer was 10.1234%. Your
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