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What is the weighted-average cost of capital for SKYE Corporation given the following information What is the weighted-average cost of capital for SKYE Corporation given

image text in transcribed What is the weighted-average cost of capital for SKYE Corporation given the following information

What is the weighted-average cost of capital for SKYE Corporation given the following information? Equity sha res outstanding Stock price per share Yield to maturity on debt Book value of interestbearing debt Coupon interest rate on debt Interest rate on government bonds SKYE's equity beta Historical excess return on stocks Tax rate Note: Enter your answer to 1 decimal place. Answer is complete but not entirely correct. 1 million $ 23 7.68% $14 million 9% 7% 0.75 5.8% Weighted-average cost of capital 11.60 %

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