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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 18.5%. 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.) What is Sunrise's weighted average cost of capital? % (Round to two decimal places.) i Data Table - X Assumption Value Tax rate 35% 25-year USS bonds $10,000,000 5-year US$ bonds $4,000,000 10-year eurobonds (euros) 6,000,000 20-year yen bonds (yen) 800,000,000 Pre-tax cost of 25-year US$ bonds 7.5% Pre-tax cost of 5-year US$ bonds 4.5% Pre-tax cost of 10-year eurobonds 5.5% Pre-tax cost of 20-year yen bonds 3.5% Spot rate (S/E) 1.2800 Spot rate (S/) 1.8500 Spot rate (/S) 106.00 Click on the icon located on the top-right corner of the data table in order to copy its contents into a spreadsheet

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