GAI LLC has a cost of equity of 19.69 percent. The company has a cost of debt

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GAI LLC has a cost of equity of 19.69 percent. The company has a cost of debt of 4.33 percent, and the tax rate is 31 percent. If the company's debt-equity ratio is 1.18, what is the weighted average cost of capital? Enter your answer as a percentage rounded to 2 decimal places, but leave out the "%" sign

Posted Date: May 18, 2024 04:05 PM

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GAI LLC has a cost of equity of 19.69 percent. The company has a cost of debt

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