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Styrene Polymers (U.S.). Styrene Polymers, Inc., a U.S. medical plastics manufacturer, has the following debt components in its consolidated capital section, .Styrene's shareholders' equity is

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Styrene Polymers (U.S.). Styrene Polymers, Inc., a U.S. medical plastics manufacturer, has the following debt components in its consolidated capital section, .Styrene's shareholders' equity is $50,000,000 and its finance staff estimates their cost of equity to be 19.5%. Current exchange rates are also listed in the table. Income taxes are 39% around the world after allowing for credits. Calculate Styrene's weighted average cost of capital. Are any assumptions implicit in your calculation? What is Styrene's weighted average cost of capital? \% (Round to two decimal places.) "This calculation assumes there is no expected change in the exchange rate over the life of the debt issue." Is the above statement true or false? (Select from the drop-down menu.) (Click on the following icon in order to copy its contents into a spreadsheet.)

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