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The following information is available for Community Hospital: Calculate the Weighted Average Cost of Capital. Cost of Debt 4.60% Tax Rate 23.50% Risk Free Rate

The following information is available for Community Hospital:

Calculate the Weighted Average Cost of Capital.


Cost of Debt4.60%
Tax Rate23.50%
Risk Free Rate1.55%
Beta1.28
Equity Risk Premium (ERP)5%
Cash, CE,&Marketable Securities$ 31,568
Long Term Debt$ 38,126
Net Diluted Shares Outstanding486
Current Share Price$ 82.27

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