Gaucho Services starts lite with all-equity financing and a cost of equity of 14% Suppose it refinances to the following market value capital structure Debt (D) Equity 45% 55% atto 95% Use MMS proposition to calculate the new cost of equily Gaucho pay taxes at a marginal rate of 40% 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.) After tax WACC