Question: Chapter 9-Problems i Saved Help Save & Exit Submit Check my work 2 You are given the following information for Golden Fleece Financial: 10 points

Chapter 9-Problems i Saved Help Save & Exit Submit Check my

Chapter 9-Problems i Saved Help Save & Exit Submit Check my work 2 You are given the following information for Golden Fleece Financial: 10 points Long-term debt outstanding: Current yield to maturity (rdebt): Number of shares of common stock: Price per share: Book value per share: Expected rate of return on stock (requity): $440,000 6% 17,000 $ 50.40 $ 28 eBook 13% Print References Calculate Golden Fleece's company cost of capital. Ignore taxes. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Cost of capital %

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