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Posted: **Mon Apr 25, 2022 8:37 am**

: Suppose Microsoft Has No Debt And A Wacc Of 8 9 The Average Debt To Value Ratio For The Software Industry Is 10 8 Wh 1 (40.67 KiB) Viewed 56 times

Suppose Microsoft has no debt and a WACC of 8.9%. The average debt-to-value ratio for the software industry is 10.8%. What would be its cost of equity if it took on the average amount of debt for its industry at a cost of debt of 5.8%? The cost of equity is %. (Round to two decimal places.)