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L Moving to another question will save this response Question 22 of 25 % Save Answe Question 22 6 points Dark Recreation in manufactures and

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L Moving to another question will save this response Question 22 of 25 % Save Answe Question 22 6 points Dark Recreation in manufactures and sels Moking clothes and boots. They are contemplating expanding operations abroad, and will be making multiple capital budgeting decisions. When the company reses money. It typically does vo with 99% bonds and 29 common stocks. The company's cost of equity is ton and before tax cost of debt is 8%. The company's income tax rates 26. when making capital budgeting decisions. what should the minimum acceptable required rate of return be on new projects? Input your other as a percentage rounded to tuo decimal places but do not include the "sign

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