Rumoit Motors has 43 milion shares outatanding with a price of $45 per share. In...
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Rumoit Motors has 43 milion shares outatanding with a price of $45 per share. In addition, Rumeet has issued bonds weth a total current market value of 52.901 millon. Suppose Rumeits equity cost of capital is 10%, and its debt cost of capital is 7%. a. What is Rumoirs protax weightod average cost of capital? a. What is Rumoirs pretax weightod average cost of captar a. What is Rumalrs pretax weighted average cost of copital? Rumolrs pretax weighted average cost of capital is \%. (Round to two decimal places.)
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