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Upton Umbrellas has a cost of equity of 1 3 . 5 percent, the YTM on the company's bonds is 6 . 4 percent, and
Upton Umbrellas has a cost of equity of percent, the YTM on the company's bonds is percent, and the tax rate is percent. The company's bonds sell for percent of par. The debt has a book value of $ and total assets have a book value of $ If the markettobook ratio is times, what is the company's WACC?
Do not round intermediate transactions. Round your final answer to the closest decimals. Do not use the sign. If your answer is then enter
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