CoffeeStop primarily sells coffee. It recently introduced a premium coffee-flavored liquor (BF Liquo Suppose the firm faces a tax rate of 40% and collects the following information. If it plans to finance 15% of the new liquor-focused division with debt and the rest with equity, what WACC should it use f its liquor division? Assume a cost of debt of 5.1%, a risk-free rate of 2.5%, and a market risk premium of 6.8%. CoffeeStop BF Liquors The weighted average cost of capital is Beta % Equity % Debt 0.62 96% 4% 0.23 85% 15% %. (Round to two decimal places.)