Question
The following data pertains to Xena Corp. Xena Corp. Total Assets Interest-Bearing Debt (market value) Average borrowing rate for debt Common Equity: Book Value
The following data pertains to Xena Corp. Xena Corp. Total Assets Interest-Bearing Debt (market value) Average borrowing rate for debt Common Equity: Book Value Market Value Marginal Income Tax Rate Market Beta Select one: Using the information from the table, determine the weight on debt capital that should be used to calculate Xena's weighted-average cost of capital: a. 53.6% * $18,888 $11,070 10.2% b. 69.0% c. 58.6% d. 35.0% $4.920 $20.664 22% 1.71
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