Refer to Problem 13 for Voice River, Inc. A. Estimate the WACC if the cost of common

Question:

Refer to Problem 13 for Voice River, Inc.
A. Estimate the WACC if the cost of common equity capital is 20 percent.
B. Estimate the WACC if the cost of common equity capital is at the representative target rate of 25 percent for typical ventures in their late rapid-growth life cycle stage.