Save and su A Click Submit to complete this assessment Question 17 of 17 Question 17 17 points ABC Corp, ecommerce company is management is planning to start ss own package delivery business new to the form to be faced with only equity. SF logistics and XY2 Enterprise are two firms that specializes in this package delivery business. You are given the following financials for these three firms . AC Corp currently has a stock price of $18 per share with 25 million shares outstandingts market value of debt is $300 million. The company webe beta of 0.6, an equity beta of 2.0, and a cena XYZ. interpreis an equity financed firm with market capitaluation of 256 milion. The company has an equity bets of 16 and faces a tax rate of 211 Flogistics has a stock price of $15 per share with 20 milion shares outstanding its market verde 800 million. The firm Nasa sebe beta or 2 an equity beta of and faces a tax rate of 21 Aume that the risk. free rate is 1 and the expected market is premium is the management of ABC asks for an estimate of cost of capital with a smallestimation error, then your estimate of the cost of capital for the IC package delivery business Note that you have several appropriate estimates, then just take the simple average of these estimates as your final cost of capital to minimize the estimer atrason: Type ONLY your numerical newer in the unit el percentage. Superwythur Round to the nearest two decinos En you werk 10.12%, then input 10.4 did Submit to complete this assessment Question 17 of 17 Die wind Save and Sub