Question: Question 12 (3 points) You financed a project with 26% debt and (100-26)% equity. Your initial investment is $30,500, while you expected cash flow one

 Question 12 (3 points) You financed a project with 26% debt

Question 12 (3 points) You financed a project with 26% debt and (100-26)% equity. Your initial investment is $30,500, while you expected cash flow one year from now is $35,000. The risk- free rate is 3%. The levered cost of equity in a perfect capital market will be ___%? (Round your answer to one decimal place.) Your

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