Question: Question 22 (3 points) You financed a project with 56% debt and (100-56)% equity. Your initial investment is $31,500, while you expected cash flow one

 Question 22 (3 points) You financed a project with 56% debt

Question 22 (3 points) You financed a project with 56% debt and (100-56)% equity. Your initial investment is $31,500, while you expected cash flow one year from now is $35,000. The risk- free rate is 5.0%. The WACC in a perfect capital market will be _ __%? (Round your answer to one decimal place.) Your

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