Question: Please include all formulas... You are given the following information for Golden Fleece Financial: Longterm debt outstanding: $338,860 Current yield to maturity (night): 73; Number

 Please include all formulas... You are given the following information for

Please include all formulas...

Golden Fleece Financial: Longterm debt outstanding: $338,860 Current yield to maturity (night):

You are given the following information for Golden Fleece Financial: Longterm debt outstanding: $338,860 Current yield to maturity (night): 73; Number of shares of common stock: 11,560 Price per share: $ 58.36 Book value per share: $ 28 Expected rate of return on stock (requity): 14$ 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} _a

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