Calculate the Weighted Average Cost of Capital (WACC). The market values of equity is $500,000...

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Finance

Calculate the Weighted Average Cost of Capital (WACC). The market values of equity is $500,000 and debt is $600,000. The before-tax cost of debt = 6%; rRF = 4%; beta () = 2.3; the market risk premium = 10%; and the tax rate = 40%.

Enter your answer rounded to 2 decimal places, and do NOT enter any symbols such as $, % or commas. Enter the percent value not the decimal version (example 1.5 not .015)

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