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What is the weighted - average cost of capital for SKYE Corporation given the following information?Equity shares outstanding 1 millionStock price per share $ 3

What is the weighted-average cost of capital for SKYE
Corporation given the following information?Equity shares outstanding 1 millionStock price per share $ 32Yield to maturity on debt 7.68%Book value of interest-bearing debt $17 millionCoupon interest rate on debt 9%Interest rate on government bonds 3%SKYEs equity beta 0.75Historical excess return on stocks 6.7%Tax rate 45%Weighted-average cost of capital
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