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When a compary is all-equity financed, the expected rate of return on its shares is...

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When a compary is all-equity financed, the expected rate of return on its shares is 13.16%. Suppose the company issues debt, repurchases shares, and moves to a 43% debt-to-value (D/M) ratio. What will be the company's weighted-average cost of capital at the new capital structure? The borrowing rate remains at 6.21% and the tax rate is 35%. [Enter your answer in percentage points, rounded to two decimal places. For example, if your answer is 0.1002, enter "10.02"] When a compary is all-equity financed, the expected rate of return on its shares is 13.16%. Suppose the company issues debt, repurchases shares, and moves to a 43% debt-to-value (D/M) ratio. What will be the company's weighted-average cost of capital at the new capital structure? The borrowing rate remains at 6.21% and the tax rate is 35%. [Enter your answer in percentage points, rounded to two decimal places. For example, if your answer is 0.1002, enter "10.02"]

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