What is cryptons cost of capital where the firms tax rate


Crypton electronics has a capital structure consisting of 41% common stock and 59% debt. A debt issue of 1000 par value, 6.5% bonds that mature in 15 years and pay annual interest will sell for $970. Common stock of the firm is currently selling for $22.44 per share and the firm expects to pay a $2.34 dividend next year. Dividends have grown at the rate of 5.4% per year and are expected to continue to do for so foreseeable future. What is Crypton's cost of capital where the firm's tax rate is 30%? Question= what is Crypton cost of capital ---% ?

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