Question: Problem 1.37 (5 points) Will and Ben Ice Cream plan to build a new mixing plant to serve customers in Mexico. Because the company is

Problem 1.37 (5 points) Will and Ben Ice Cream plan to build a new mixing plant to serve customers in Mexico. Because the company is in good financial shape with equity funds returning 11% per year, the bank will charge an interest rate of 8% per year for the loan An MARR that is 5% over the WACC is required to proceed with the project, which sets the MARR at 14%. What percentage of debt financing can the company assume to meet its MARR requirement

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