LiteTech inc, an all-equity company, is developing a new electric vehicle. They have estimated a beta...

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LiteTech inc, an all-equity company, is developing a new electric vehicle. They have estimated a beta for the project of 1. Find the weighted average cost of capital if the market risk premium is 12.02%, the risk-free rate is 2.14% and the debt to value ratio of LiteTech's closest competitor is 0.46%. Answer Format: INCLUDE ONLY NUMBERS AND DECIMALS IN YOUR ANSWER. Do not include "$""" other formatting. Carry interim computations to at least 4 decimals. , or any Enter percentage answers as a positive percentage % rounded to 2 decimal places. For example 0.123456 should be enter as: 12.35 (##.##) LiteTech inc, an all-equity company, is developing a new electric vehicle. They have estimated a beta for the project of 1. Find the weighted average cost of capital if the market risk premium is 12.02%, the risk-free rate is 2.14% and the debt to value ratio of LiteTech's closest competitor is 0.46%. Answer Format: INCLUDE ONLY NUMBERS AND DECIMALS IN YOUR ANSWER. Do not include "$""" other formatting. Carry interim computations to at least 4 decimals. , or any Enter percentage answers as a positive percentage % rounded to 2 decimal places. For example 0.123456 should be enter as: 12.35 (##.##)

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