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Ivanhoe and Telecommunications Corporation has three divisions. The names of these divisions, along with the after-tax cost of capital for each division and the market

Ivanhoe and Telecommunications Corporation has three divisions. The names of these divisions, along with the after-tax cost of capital for each division and the market value of the assets in each division, are as follows: Division Name Infrastructure development Power Telecommunications Cost of Capital MV of Assets 7.00 $200,000,000 6.00 $260,000,000 6.60 $540,000,000 What is the overall after-tax cost of capital for Ivanhoe and Telecommunications? (Round answer to 2 decimal places, eg. 52.75%) After-tax cost of capital %

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