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Skolits Corporation has a cost of equily of it. percent and an attertax cost of debt of 4.53 percent. The company's batance sheet lists iong

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Skolits Corporation has a cost of equily of it. percent and an attertax cost of debt of 4.53 percent. The company's batance sheet lists iong term debt of $35,000 and equity of $615,000. The compomy's bonds sell for 104.7 percent of par and market to-book ratlo is.2.89 times. If the company's tax rate is 21 gercent, what is the WACC? Multipie Choice 1094x ans. guts

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