Sunrise Manufacturing, Inc. Sunrise Manufacturing, Inc., a U.S. multinational company, has the following debt components in its consolidated capital section,

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.

Sunrise's shareholders' equity is

$60 comma 000 comma 00060,000,000

and its finance staff estimates their cost of equity to be

19.519.5%.

Current exchange rates are also listed in the table. Income taxes are

4040%

around the world after allowing for credits. Calculate Sunrise's weighted average cost of capital. Are any assumptions implicit in your calculation?

Homework: Chapter 14 Homework Week 11 Save 7 of 10 (3 complete) HW Score: 30%, 3 of 10 pts Score: 0 of 1 pt Problem 14-7 (algorithmic) Question Help 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 $60,000,000 and its finance staff estimates their cost of equity to be 19.5%. Current exchange rates are also listed in the table. Income taxes are 40% around the world after allowing for credits. Calculate Sunrise's weighted average cost of capital. Are any assumptions implicit in your calculation? What is Sunrise's weighted average cost of capital? 1% (Round to two decimal places.) i Data Table Assumption Tax rate 25-year US$ bonds 5-year US$ bonds 10-year eurobonds (euros) 20-year yen bonds (yen) Before-tax cost of 25-year US$ bonds Before-tax cost of 5-year US$ bonds Before-tax cost of 10-year eurobonds Before-tax cost of 20-year yen bonds Spot rate ($/) Spot rate ($/) Spot rate (/$) Value o 40% $20,000,000 $8,000,000 9,000,000 Y850,000,000 8.0% 3.5% 5.0% 2.0% 1.2900 1.9500 108.00 Print | Done ] Enter your answer in the answer box and then click Check