2 5 6 Question 7 (1 point) Jonkin & Co's before tax cost of debt is 10%, its marginal tax rate is 34%, and its cost of equity is 13%. The company's stock sells at book value and it has just published its most recent balance sheet below. Calculate Jonkin's Weighted Average cost of Capital (WACC). Assets Liabilities & Equity Cash $120 Accounts Recevable 240 LIT Debt $1,152 Net Fixed Assets 2160 Common Equity 1.728 Total Assets $2,880 Total Lab & Equity $2.680 8 9 (Enter your answer as a percentage to the nearest basis point (ie 20.5% would be entered as 20.50). Do not use the percent symbol Your Answer O 8:47 PM 4/2001 DELL F3 F4 F5 FO F FB FO FID F12 PSCH merk Der 6 W @ $ % A w $ & 7 . Backspace 2 4 5 6 8 ai o a W E R T Y S D F G I J L B