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9. value 0.50 points Tulloch Manufacturing has a target debt-equity ratio of .65. Its cost of equity is 14.5 percent, and its pretax cost of

9. value 0.50 points Tulloch Manufacturing has a target debt-equity ratio of .65. Its cost of equity is 14.5 percent, and its pretax cost of debt is 9.5 percent. If the tax rate is 35 percent, what is the company's WACC? (Do not round intermediate calculations and enter your answer as a prcent rounded to 2 decimal places, e.g., 32.16) WACC

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