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ulOoredoo LTE 4:38 PM 95% myportal.aum.edu.kw In order to fund its flagship project, Rozan Industries issued 250000 KD worth of debt and 550000 KD worth

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ulOoredoo LTE 4:38 PM 95% myportal.aum.edu.kw In order to fund its flagship project, Rozan Industries issued 250000 KD worth of debt and 550000 KD worth of shares. The yield to maturity on bonds is equal to 7% and the required rate of return on shares is equal to 11.3%. The corporate tax rate is equal to 15%. Calculate the WACC of this project. Note 1: Show your steps in the reasons box. Note 2: Enter your answer in decimals. Enter at least two digits after the decimal point Answer: Give your reasons 1 iB

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