Order Your Paper From the most reliable Essay writing Service. 

.

 



Johnson Industries finances its project with 40% debt and 60%
common stock.

            The
company can issue a bond at the yield of 8.4%.

             The
risk free rate is 6.57%.

            The
market risk premium is 5%.

            Johnson
Industries beta is 1.3.

            The
company’s tax rate is 30%.

What is the company’s weighted average cost of capital?