Jones Soda estimates that its required return on equity is 120 percent and the yield to maturity on its debt is 50 percent. The company's equity-to-asset ratio is 0.3 and the marginal tax rate is 30%. What is the company's weighted average cost of capital? Enter your answer as a percent and round to two decimals, but don't include the % sign, aded Numeric Response 3.93 -K ht Ences