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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 $45,000,000

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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 $45,000,000 and its finance staff estimates their cost of equity to be 17.0%. Current exchange rates are also listed in the table. Income taxes are 35% 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.) 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.)

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