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Tiger Inc. has an all-equity capital structure with an equity value of $624,100. The expected earnings...

Tiger Inc. has an all-equity capital structure with an equity value of $624,100. The expected earnings are $78,900 based on estimated sales of $600,000. The firm pays no taxes. What is the cost of capital? A. 13.15 percent B. 12.64 percent C. 9.37 percent D. 13.88 percent

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