Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin

تمرين 10

A public corporation in which you own common stock reported a WACC of 11.1% for the year in its report to stockholders. The common stock that you own has averaged a total return of 7% per year over the last 3 years. The annual report also men­tions that projects within the corporation are 75% funded by its own capital. Estimate the company's cost of debt capital.