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Marigold ttd is constructing a bullding, Construction began on February 1 and was completed on December 31 . Expenditures were HK$2,088.000 on March 1. HKS1.392.000

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Marigold ttd is constructing a bullding, Construction began on February 1 and was completed on December 31 . Expenditures were HK\$2,088.000 on March 1. HKS1.392.000 on June 1, and HK\$2,508,000 on Decembe 31 Marigold Ltd, had outstanding all year a 12,5 year, HK $4,640,000 note payable and an 13%,4 year, HK $4,060,000 note payoble. Compute the capitalization rate used for borrowing cost capitalization purposes. (Round arswer to 2 decimal places, 5z7.58 ) Capitalization rate eTextbook and Media Attempts: 0 of 2 used

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