CoffeeStop primarily sells coffee It recently introduced a premium coffee-flavored liquor (BF Liquors) Suppose the firm faces a tax rate of 38% and collects the following information. If it plans to finance 15% of the new liquor focused division with debt and the rest with equity, who WACC should it use for its liquor division2 Assume a cost of debt of 4.8%, a risk-free rate of 23% and a market risk premium of 5 8%. Beta Equity Debt Coffee Stop 150 94% 62 BF Liquors 0.22 85% 15% Note: Assume that the firm will always be able to utilize its full interest tax shield The weighted average cost of capitalis (Round to two decimal places)