XYZ Corp has a market capitalization of $329 million, a market value of debt of $90 million and no excess cash. You estimate that the cost of equity for this firm is 10.7% and its cost of debt is 4.3%. Calculate the unlevered cost of capital for XYZ. Express your answer in percent and round to two digits (do not include the %-symbol in your answer).

Question 7 5 points Save Answer XYZ Corp has a market capitalization of $329 million, a market value of debt of $90 million and no excess cash. You estimate that the cost of equity for this firm is 10.7% and its cost of debt is 4.3%. Calculate the unlevered cost of capital for XYZ. Express your answer in percent and round to two digits (do not include the %-symbol in your answer)