CoffeeStop primarily sells coffee. It recently introduced a premium coffee$-$flavored liquor $($BF Liquors$).$ Suppose the firm

faces a tax rate of $30\%$ and collects the following information: $.$ If it plans to finance $14\%$ of the new liquor$-$focused

division with debt and the rest with equity, what WACC should it use for its liquor division? Assume a cost of debt of

$4\mathrm{.}78\%,$ a risk$-$free rate of $2\mathrm{.}14\%,$ and a market risk premium of $6\mathrm{.}84\%.$ Note: Assume that the firm will always be able to

utilize its full interest tax shield.

The weighted average cost of capital for BF Liquors is $\%.($Round to two decimal places.$)$

Data table