e Unit 9 Lab Learning Activity Question 2 of 10 View Policies Current Attempt in Progress Blossom Corp.currently has a WACC of 22 percent. If the cost of debt capital for the firm is 8 percent and the firm is currently financed with 30 percent debt, then what is the current cost of equity capital for the firm? Assume that the assumptions in Modigliani and Miller's Proposition 1 hold. (Round answer to 2 decimal places, e.g. 17.54%.) Current cost of equity capital % e Textbook and Media Save for Later Attempts: unlimited Submit Answers