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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 shareholders' equity is $45,000,000 and

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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 shareholders' equity is $45,000,000 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 39% 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.)

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