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Debt: Capital can be raised through bank loans at a pretax cost of 6%. Also, bonds can be issued at a pretax cost of 7.1%.

image text in transcribed Debt: Capital can be raised through bank loans at a pretax cost of 6%. Also, bonds can be issued at a pretax cost of 7.1%. grow at 5% in the future. What is the cost of external equity? PLEASE INPUT THE ANSWER IN PERCENT ROUNDING IT TO 2 DECIMALS. DO NOT INCLUDE \% SIGN, E.G., INSTEAD OF 9.9922\% INPUT 9.99

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