Question: please answer it right Intro Munding Corp. has debt with a market value of $23 million and equity with a market value of $43 million.

please answer it right

Intro Munding Corp. has debt with a market value of $23 million and equity with a market value of $43 million. Its pre-tax cost of debt is 5.2% and its cost of equity is 9%. The firm's marginal tax rate is 21%. Part 1 | Attempt 1/3 for 10 pts. What is the company's weighted average cost of capital? 3+ decimals Submit

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