Question 10 7 pts General thograph Corporation uses no preferred stock. Their capital structure uses...
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Question 10 7 pts General thograph Corporation uses no preferred stock. Their capital structure uses 67% debt (hint: the rest is equity). Their marginal tax rate is 21.36%. Their before tax cost of debt is 5.27%. General Lithograph's stock has a beta of 3.16. The current risk-free rate is 2.78%, and the overall market is expected to return 8% over the long run. What is General Lithograph's weighted average cost of capital (WACCI? Please enter without using the but with two decimal places in other words if you calculate 2.87% then just enter 9.82)
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