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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
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 17.0%. Current exchange rates are also listed in the table. Income are 40% 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
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