Problem 13-23 Company Cost of Capital (L04) The following table presents information for Golden Fleece Financial. Long-term debt outstanding Current yield to maturity on debt Number of shares of common stock Price per share Book value per share Expected rate of return on stock $410,000 9.00% 15,500 $ 61 $ 36 18.00% Calculate the company cost of capital. (Ignore taxes. Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Cost of capital %