Question: Question 10 2 pts You need to find the current Weighted Average Cost of Capital (WACC) for TSlacker Corp. TSlacker has $10,000,000 (market value)

Question 10 2 pts You need to find the current Weighted Average

Question 10 2 pts You need to find the current Weighted Average Cost of Capital (WACC) for TSlacker Corp. TSlacker has $10,000,000 (market value) of debt outstanding at a current yield to maturity (YTM) of 8%. It also has 100,000 shares of stock outstanding at a current price of 113 and an expected rate of return equal to 15%. If TSlacker is in the 0.3 marginal corporate tax rate, then what is the firms current WACC. State your answer in decimal equivalent form (no percentage sign) with accuracy of 2 decimal places.

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