RON Ltd has the following capital structure components: Five million shares issued with a current market price of 11. Equity holders require a 14%...

If the firm faces a corporate tax rate of 30%, compute RON Ltd's Weighted Average Cost of Capital (WACC). Enter your answer in decimal form to FOUR decimal places. For example 10.34%, would be entered as 0.1034

2: Assume that the economy has three types of people. 20% are fad followers, 70% are passive investors, and 10% are informed traders. The portfolio consisting of all informed traders has a beta of 1.2 and an alpha of 3.38%. The market has an expected return of 9% and the risk-free rate is 3