3 Mullineaux Corporation has a target capital structure of 80 percent common stock and 20 percent debt. Its cost of equity is 17 percent, and the cost of debt is 11 percent. The relevant tax rate is 35 percent. 20 points What is Mullineaux's WACC? (Do not round intermediate calculations and round your answer to 2 decimal places. (e.g., 32.16)) WACC eBook Hint Print References