What is the weighted average cost of capital for this firm?

Because you should be accustomed to working with four decimals, enter your answer as a decimal and rounded to the nearest fourth decimal. Do not enter as a percent. Do not use percent signs, dollar signs, or commas.

For example, if you calculated 0.1147, you would enter 0.1147. If you are working with more than four decimals and calculated 0.09286, then enter 0.0929.

With the explanation and examples above, no credit is given for answers entered incorrectly. Answers are considered correct + or - 0.0050.

long term debt: $250

Current liabilities: $217

non current liabilities: $274

shareholders equity: $497

preferred equity: $0

cost of debt: 0.06

cost of equity: 0.10

tax rate: 0.30