Flintstone mining inc has a weighted average cost of, Finance Basics

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Flintstone mining inc has a weighted average cost of

Question: Flintstone Mining Inc. has a weighted average cost of capital of 12%. Flintstone has 40% debt in its capital structure (debt-to-equity is 0.67) and the yield on Flintstone bonds is 6%. The corporate tax rate is 40%. What is the cost of equity for Flintstone? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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