All-Canadian, Ltd., is a multiproduct company with three divisions: Pacific Division, Plains Division, and Atlantic Division. The company has two sources of long-term capital: debt and equity. The interest rate on All-Canadian's $400 million debt is 8 percent, and the company's combined federal and state income tax rates amount to 30 percent. The cost of All- Canadian's equity capital is 12 percent. Moreover, the market value of the company's equity is $624 million. (The book value of All-Canadian's equity is $430 million, but that amount does not reflect the current value of the company's assets or the value of intangible assets.) The following data (in millions) pertain to All-Canadian's three divisions. Division Pacific Plains Atlantic Before-Tax Operating Income $17 50 42 Current Liabilities $ 9 8 12 Total Assets $ 75 305 488 required: Compute All-Canadian's weighted-average cost of capital (WACC). (Do not round intermediate calculations. Round your final nswer to 2 decimal places (i.e., .1234 should be entered as 12.34).) Weighted-average cost of capital %