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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 $50,000,000

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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 $50,000,000 and its finance staff estimates their cost of equity to be 18.5%. Current exchange rates are also listed in the table. Income taxes are 30% around the world after allowing for credits. Calculate Sunrise's weighted average cost of capital. Are any assumptions implicit in your calculation? What is Sunrise's weighted average cost of capital? 0% (Round to two decimal places.) Data Table Assumption Value Tax rate 30% 25-year US$ bonds $50,000,000 5-year US$ bonds $6,000,000 10-year eurobonds (euros) 6,000,000 20-year yen bonds (yen) 4750,000,000 Pre-tax cost of 25-year US$ bonds 8.0% Pre-tax cost of 5-year US$ bonds 3.0% Pre-tax cost of 10-year eurobonds 3.5% Pre-tax cost of 20-year yen bonds 1.5% Spot rate ($/E) 1.2500 Spot rate ($) 1.9200 Spot rate (V/$) 108.50 Click on the icon located on the top-right comer of the data table in order to copy its contents into a spreadsheet Print Done

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