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iuppose that TapDance, Incorporated's capital structure features 70 percent equity, 30 percent debt, and that its before-tax cost of lebt is 8 percent, while its
iuppose that TapDance, Incorporated's capital structure features 70 percent equity, 30 percent debt, and that its before-tax cost of lebt is 8 percent, while its cost of equity is 13 percent. The appropriate weighted average tax rate is 21 percent. What will be TapDance's WACC? Jote: Round your answer to 2 decimal places. Answer is complete but not entirely correct
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