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Rogers Rattlesnake Ranch uses no preferred stock. Their capital structure uses 26% debt Chint: the rest is equity). Their marginal tax rate is 35.96%. Their

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Rogers Rattlesnake Ranch uses no preferred stock. Their capital structure uses 26% debt Chint: the rest is equity). Their marginal tax rate is 35.96%. Their before-tax cost of debt is 3.58%. Rogers Rattlesnake Ranch's stock has a beta of 3.14. The current risk free rate is 2.94%, and the overall market is expected to return 8% over the long run. What is Rogers Rattlesnake Ranch's weighted average cost of capital (WACC)? Please enter without using the "" but with two decimal places in other words if you calculate 9.87%, then just enter 9.87) go 888 PI FE : F # 3 $ 4 % 5 & 7 8 6 o E CV T T Y U O D F G H J K L U V B N. M 46 comman

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