CoffeeStop primarily sells coffee. It recently introduced a premium coffee tvored quor (BF Liquors) Suppose the form faces a tax rate of 38% and collects the following information. If plans to finance 10% of the new liquor focused division with debt and the rest with equity, what WACC should it use for its liquordon? Assume a cost of debt of 48%, ansk tree rate of 32% and a market risk premium of 63 Beta % Equity Debt CoffeeStop 0.59 95 09 BF Liquors 0.26 90 10 Note Assume that the form will always be able to its full interest tax shield The weighted average cost of capital is % (Round to two decimal places)