Question: Question 29 1 pts Chapter 13 Ronnie's Comics has found that its cost of common equity capitalis 16 percent and its cost of debt capital

Question 29 1 pts Chapter 13 Ronnie's Comics has found that its cost of common equity capitalis 16 percent and its cost of debt capital is 11 percent. If the form is financed with $200.000.000 of common shares (market value) and $800.000.000 of debt, then what is the after-tax weighted average cost of capital for Ronnie's if it is subject to a 35 percent marginal tax rate? 6.05% 13.65% 8.92% 7.92%

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