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Upton Umbrellas has a cost of equity of 115 percent, the YTM on the company's bonds is 61 percent, and the tax rates 39 percent.

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Upton Umbrellas has a cost of equity of 115 percent, the YTM on the company's bonds is 61 percent, and the tax rates 39 percent. The company's bonds sell for 1031 percent of $405.000 and total assets have a book value of $951.000 If the market to book rabois 21 times what is the company's WACC? The debt has a book value of

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