FINC610 Week 3 Capital Structure and Debt http://www.nyse.com Research the top listing and continuation requirements mandated by the NYSE. Then, complete the following, and submit your individual assignment: Currently, GII’s capital structure is 75% equity based and 25% debt based. GII is in the 25% marginal tax bracket in France and has a cost of equity of 18% and an average debt cost of 7%. Calculate GII’s weighted average cost of capital (WACC). What is the main advantage of the divisional cost of capital approach over the WACC approach?