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Intro Terence Terraforming Inc. has a capital structure of 31% debt and 69% common stock. The expected return on the firm's debt is 4.7%

Intro Terence Terraforming Inc. has a capital structure of 31% debt and 69% common stock. The expected return on the firm's debt is 4.7% (pre-tax) and the expected return on the firm's equity is 12%. The firm's marginal tax rate is 21%. Part 1 What is the company's weighted average cost of capital? 3+ decimals Submit Attempt 2/10 for 10 pts.

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