Sunrise Manufacturing, Inc., a U.S. multinational company, has the following debt components in its consolidated capital section [Table ]. Sunrise's shareholders' equity is $55,000,000 and its finance staff estimates their cost of equity to be 20.0%. Current exchange rates are also listed in the table. Income taxes are 30% around the world after allowing for credits. Calculate Sunrise's weighted average cost of capital. Are any assumptions implicit in your calculation?

What is Sunrise's weighted average cost of capital? _______%

Sunrise Manufacturing, Inc. Sunrise Manufacturing, Inc., a U.S. multinational company, has the following debt components in its consolidated capital section, Sunrise's shareholders' equity is $55,000,000 and its finance staff estimates their cost of equity to be 20.0%. Current exchange rates are also listed in the table. Income taxes are 30% around the world after allowing for credits. Calculate Sunrise's weighted average cost of capital. Are any assumptions implicit in your calculation? What is Sunrise's weighted average cost of capital? % (Round to two decimal places.) Data table Assumption Value Tax rate 30% 25-year US$ bonds $20,000,000 5-year US$ bonds $4,000,000 10-year eurobonds (euros) 5,000,000 20-year yen bonds (yen) 900,000,000 Pre-tax cost of 25-year US$ bonds 6.5% Pre-tax cost of 5-year US$ bonds 3.0% Pre-tax cost of 10-year eurobonds 4.5% Pre-tax cost of 20-year yen bonds 2.5% Spot rate ($/) 1.2200 Spot rate ($/) 1.9100 Spot rate (/$) 105.00 Click on the icon located on the top-right corner of the data table in order to copy its contents into a spreadsheet