Mullineaux Corporation has a target capital structure of 80 percent common stock and 20 percent debt. Its cost of equity is 12 percent, and the cost of debt is 8 percent. The relevant tax rate is 35 percent. What is Mullineauxs WACC? (Do not round intermediate calculations and round your answer to 2 decimal places. (e.g., 32.16)) WACC %

Mullineaux Corporation has a target capital structure of 80 percent common stock and 20 percent debt. Its cost of equity is 12 percent, and the cost of debt is 8 percent. The relevant tax rate is 35 percent What is Mullineaux's WACC? (Do not round intermediate calculations and round your answer to 2 decimal places. (e.g., 32.16)) WACC