8 of 9) 8 . value 10.00 points Mullineaux Corporation has a target capital structure of 55 per cent equity and 45 per cent debt. Its cost of equity is 16 per cent, and the cost of debt is 9 per cent. The relevant tax rate is 35 per cent. Required: What is Mullineaux's WACC? (Do not include the per cent sign (%). Round your answer to 2 decimal places (6.9., 32.16).) WACC 70 Reference