Howard Power and Telecommunications Corporation has three divisions. The names of these divisions, along with the after-tax cost of capital for each division and the market value of the assets in each division are as follows:

What is the overall after-tax cost of capital for Howard Power and Telecommunications?

Transcribed Image Text:

Division Name Infrastructure development Power Telecommunications Cost of Capital 8.75 7.50 8.25 MV of Assets $250,000,000 $325,000,000 S675,000,000