The following information relates to the a Division of Eco Enterprises:
Interest rate on debt capital: 9%
Cost of equity capital: 13%
Market value of debt capital: $49 million
Market value of equity capital: $79 million
Income tax rate: 40%
On the basis of this information, Atlas's weighted-average cost of capital is closest to (Do not round your intermediate calculations.) :
+5
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Home » Business » The following information relates to the a Division of Eco Enterprises: Interest rate on debt capital: 9% Cost of equity capital: 13% Market value of debt capital: $49 million Market value of equity capital: $79 million Income tax rate: 40% On the