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Score: 0 of 1 pt 7 of 14 (0 completo) HW Score: 0%, 0 of 14 pts P15-11 (similar to) Question Help Rumolt Motor has
Score: 0 of 1 pt 7 of 14 (0 completo) HW Score: 0%, 0 of 14 pts P15-11 (similar to) Question Help Rumolt Motor has 26 milion shares outstanding with a price of $34 per share. In addition, Rumolt has issued bonds with a total current market value of $645 million Suppose Rumolt's equity cost of capital is 15%, and its debt cost of capital is 11%. a. What is Rumolt's pretax weighted average cost of capital? b. Rumolt's corporate tax rate is 21%, what is its after-tax weighted average cost of capital? a. What is Rumolt's pretax weighted average cost of capital? Rumoll's pretax weighted average cost of capital is % (Round to two decimal places.) Enter your answer in the answer box and then click Check Answer 1 Port remaining Clear All Check Answer y be tv
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