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Total assets $7,460 Interest-bearing debt $3,652 Average pretax borrowing cost 10.5% Common equity: Book value $2,950 Market value $13,685 Income tax...
Market equity beta
1.13
that the riskless rate is 4.6% and the market premium is 7.3% Zonk's cost of equity capital 8.28%
Determine the weight on debt capital that should be used to calculate Zonk's weighted-average cost of capital,