20 Assignment 11A Graded Remaining Time 103 2707 A firm currently has a debt-equity ratio of 1/5. The debt, which is virtually riskless pays an interest rate of 6%. The expected rate of return on the equity is 11 %. What is the Weighted Average Cost of Capital if the firm pays no taxes? Enter your answer as a percentage rounded to two decimal places. Do not include the percentage sign in your answer WACC = Number Section Attempt 1 of 1 Verify Submit Assignment Quit & Save Back Question Mer O RI ON ENG 43 2020