The following information relates to the X Division of NUBD Co: Interest rate on debt capital: 9% Cost of equity capital: 12% Market value of debt capital: P70 million Market value of equity capital:...

On the basis of this information, NUBD's weighted-average cost of capital is: (round-off to 2 decimal places)

Extracted text: The following information relates to the X Division of NUBD Co: Interest rate on debt capital: 9% Cost of equity capital: 12% Market value of debt capital: P70 million Market value of equity capital: P80 million Income tax rate: 30%