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Given the following information, what is the WACC of JAN Corp? JAN has a market value D/E ratio of 0.63, an equity beta of 0.94,

Given the following information, what is the WACC of JAN Corp? JAN has a market value D/E ratio of 0.63, an equity beta of 0.94, and risk-free debt. The current yield on long-term U.S. treasury bonds is 4.31%, the market risk premium is 5.53%, and the corporate tax rate is 21%. Enter your answer as a percent without the % sign. Round your final answer to two decimals.

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