4 of 30 2.5 Corporation ABC has a debt-to-equity ratio of 1.22. What is the weighted average cost of capital (WACC) for ABC if the after-tax cost of debt is 7%, the required return on equity is 18%, and the tax rate is 35%. (Please retain at least 4 decimal places in your calculations and at least 2 decimal places in the final answer.) The weighted average cost of capital (WACC) for Corporation ABC is %. Unsure