Brannan Manufacturing has a target debt-equity ratio of 60 . (Hint: if you're not sure what to do about "debt-equityratio", watch my YouTube video on that topic, which you can also find in this week's module on Canvas.) Its cost of equity is 13 percent, and its cost of debt is 7 percent. If the tax rate is 23 percent, what is the company's WACC? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)