A company is funded with 32% debt that has a cost of 3.54%. The cost of equity is 11.40% and the tax rate is 25%. What

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answerhappygod
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A company is funded with 32% debt that has a cost of 3.54%. The cost of equity is 11.40% and the tax rate is 25%. What

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A company is funded with 32% debt that has a cost of 3.54%.
The cost of equity is 11.40% and the tax rate is 25%.
What is the cost of capital (WACC)? Round to 3 decimal
places.
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