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Suppose the electric car maker Nio's balance sheet looks like the following: Balance Sheet NIO Inc on December 31st 2121 Cash $435259 Accounts payable $53.867

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Suppose the electric car maker Nio's balance sheet looks like the following: Balance Sheet NIO Inc on December 31st 2121 Cash $435259 Accounts payable $53.867 Accounts receivable $178,927 Long-term bond $214,575 Intellectual properties $207,523 Property & Equipment $137.267 Common stock $690,534 Total Assets $958,976 Total Lib & Equity $958,976 Il Nio's management estimates that the market requires a 9% return on its common stock, the firm's bonds command a yield to maturity of 5%, and the form faces a tax rate of 15% then what is company's weighted average cost of capital

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