Question: 4. Problem 9-08 (WACC) eBook Problem Walk Through WACC David Oitia Motors has a target capital structure of 40% debt and con equity. The yield
4. Problem 9-08 (WACC) eBook Problem Walk Through WACC David Oitia Motors has a target capital structure of 40% debt and con equity. The yield to maturity on the company's outstanding bonds is 12, and the company's tax ratel 25% Ortiz's cro has calculated the company's WACC : 13.24. What is the company's cost of equity capital? Round your answer to the nearest whole number
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