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The following data pertains to Michalko Corp. Assuming that the risk-free rate is 4.2% and the...

The following data pertains to Michalko Corp. Assuming that the risk-free rate is 4.2% and the market risk premium is 6.2%, calculate Michalko's weighted-average cost of capital. Michalko Corp. Total Assets $14,680 Interest-Bearing Debt $ 19,100 Average borrowing rate for debt 11% Common Equity: Book Value $ 5,120 Market Value $25,700 Marginal Income Tax Rate 40% Market Equity Beta 1.5

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