Q7

D Question 7 5 pts Sloth Corp.'s most recent bond issue has a coupon rate of 4.98% and is currently priced at par. The estimated risk premium between the company's debt and equity is 3.43%. The estimated cost of equity, Rets %. Margin of error for correct responses: +/-.05%. Rounding and Formatting instructions: Do not enter dollar signs, percent signs, or commas in your response. Do not round any intermediate work, but round your final response to 2 decimal places (example: if your answer is 12.3456%, you should enter 12.35)