Question: the answer cannot be 0.2 and 19.4%. last attempt, please help Suppose the weighted average cost of capital of the Blossom Company is 13 percent.

the answer cannot be 0.2 and 19.4%. last attempt, please help

Suppose the weighted average cost of capital of the Blossom Company is 13 percent. If Blossom has a capital structure that is 50 percent debt and 50 percent equity, its before-tax cost of debt is 5 percent, and its marginal tax rate is 20 percent, determine cost of equity capital, (Round intermediate calculations to 2 decimal places, es. 1.25 and final answer to 1 decimal place, es. 15.2.)

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