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PLEASE EXPLAIN WACC David Ortiz Motors has a target capital structure of 40% debt and 60% e u . The yield to maturity on he

PLEASE EXPLAIN

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WACC David Ortiz Motors has a target capital structure of 40% debt and 60% e u . The yield to maturity on he companys outs and bonds S g an the company is 40%. Ortiz's CFO has calculated the company's WACC as 11.17%, what is the company's cost of equity capital? Round your answer to two decimal places at 15.9 *% Hide Feedback Incorrect

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