Gaucho Services starts life with all-equity financing and a cost of equity of 15%. Suppose it refinances to the following market-value capital structure: Debt (0) Equity (E) 43% 57% at rp = 8.ax Use MM's proposition 2 to calculate the new cost of equity. Gaucho pays taxes at a marginal rate of Te = 35%. Calculate Gaucho's after- tax weighted average cost of capital. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Allor-tax WACC %