Question: 5 points Save Answer ABC Corp currently has a market capitalization of $361 million, a market value of debt of $12 million and no excess

5 points Save Answer ABC Corp currently has a market capitalization

5 points Save Answer ABC Corp currently has a market capitalization of $361 million, a market value of debt of $12 million and no excess cash. The firm's cost of equity is 8.5% and its cost of debt is 4.7%. Assuming perfect markets, calculate the unlevered cost of capital for ABC Corp. Express your answer in percent and round to two decimals (do not include the %-symbol in your answer)

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