McCann Catching, inc. has 3.00 mililion shares of stock outstanding. The stock currently sells for $12.91 per share, The firm's debt is publicly traded and was recently quoted at 91.00% of face value, It has a total face value of $20.00 milion, and it is currently priced to yleid 10.00%. The risk free rate is 4.00% and the market risk premlum is 8.00%. You've estimated that the firm has a beta of 1.27 . The corporate tax rate is 39.00%. The firm is considering a $47.01 million expansion of their production facility. The project has the same risk as the firm overall and will earn $10,00 million per year for 8.00 years. What is the percentage of equity used by McCann Catching, Inc.? McCann Catching, Inc, has 3.00 million shares of stock outstanding. The stock currently sells for $12.91 per share. The firm's debt is publicly traded and was recently quoted at 91,00% of face vatue. It has a totat face value of $20.00 mittion, and it is currently priced to yleld 10.00%. The risk free rate is 4.00% and the market risk premium is 8.00%. You've estimated that the firm has a beta of 1,27 . The corporate tax rate is 39.00%. The firm is coneidering a $47.01 million expansion of their production facilify. The project has the same risk as the firm overall and will eam $10.00 million per year for 8.00 yeart. What is the WACC for McCann Catching, Inc.? Answer format: Percentage Round to: 2 decimal places (Example: 9.24%,% sign roquired. Wir accept decimal format