Question: 1 2 3 > Question 16 (4 points) Dee's Toys has a target debt-total assets ratio of 29 %. Its WACC is 12.1 percent and

 1 2 3 > Question 16 (4 points) Dee's Toys has

1 2 3 > Question 16 (4 points) Dee's Toys has a target debt-total assets ratio of 29 %. Its WACC is 12.1 percent and the tax rate is 15 percent. What is the cost of equity if the after tax cost of debt is 4.6 percent? Show your answer to the nearest .1%. Do now use the % sign in your answer. Thus an answer of 10.1% would be shown at 10.1 rather than 10.1% or .101 4 5 6 9 7 Your Answer: > 10 11 12 Answer 13 14 15 Question 17 (4 points)

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