please really urgent Getrich has 1.8 million shares outstanding and a current share price of $6.8 per share. It also has
Posted: Wed May 18, 2022 10:39 pm
please really urgent
Getrich has 1.8 million shares outstanding and a current share
price of $6.8 per share. It also has $70.2 million in outstanding
debt, with a debt cost of capital of 9.6%. Getrich’s equity cost of
capital is 12.7%. If the corporate tax rate is 27.5%, what is
Getrich's weighted average cost of capital? Round your answer to
two decimal places in percentage form.
Getrich has 1.8 million shares outstanding and a current share
price of $6.8 per share. It also has $70.2 million in outstanding
debt, with a debt cost of capital of 9.6%. Getrich’s equity cost of
capital is 12.7%. If the corporate tax rate is 27.5%, what is
Getrich's weighted average cost of capital? Round your answer to
two decimal places in percentage form.