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Question 30 Drus Hang Gear he has found that is common equity capital shares have a beta equal to 1.5 whille the the free retumis

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Question 30 Drus Hang Gear he has found that is common equity capital shares have a beta equal to 1.5 whille the the free retumis percent and the rected return on the market is 14 percent. It has 7-year semiannual maturity bonds outstanding with a price of $767.03 that have a coupon rate of percent. The firm is financed with $120.000.000 of common shares market value and $20.000.000 of debt What is the after-tax weighted average cost of capital for Droz's. If it is subject to a 35 percent marginal tax rate? Round your final percentage answer to two decimal places 1020 112765 11 882 13.32%

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