Situational software co. (ssc) is trying to establish its optimal capital structure. its current capital structure consists of 40% debt and 60% equity; however, the ceo believes that the firm should use more debt. the risk-free rate, rrf, is 3%; the market risk premium, rpm, is 7%; and the firm's tax rate is 40%. currently, ssc's cost of equity is 15%, which is determined by the capm. what would be ssc's estimated cost of equity if it changed its capital structure to 50% debt and 50% equity? round your answer to two decimal places. do not round intermediate steps.

Now ray has had the tires for two months and he notices that the tread has started to pull away from the tire. he has already contacted the place who sold the tires and calmly and accurately explained the problem. they didn’t him because they no longer carry that tire. so he talked with the manager and he still did not get the tire replaced. his consumer rights are being violated. pretend you are ray and write a letter to the company’s headquarters. here are some points to keep in mind when writing the letter: include your name, address, and account number, if appropriate. describe your purchase (name of product, serial numbers, date and location of purchase). state the problem and give the history of how you tried to resolve the problem. ask for a specific action. include how you can be reached.