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(NOTE: ENTER YOUR ANSWER IN PERCENT, BUT WITHOUT THE SIGN founded to decimal places, for instance as 7.89, not as 7.89%, or not as 0.0789.

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(NOTE: ENTER YOUR ANSWER IN PERCENT, BUT WITHOUT THE SIGN founded to decimal places, for instance as 7.89, not as 7.89%, or not as 0.0789. Do not four intermediate calculations!) Calipso Beverages has 200,000 shares of stock outstanding, with one share selling for $360 in the stock market. Calipso's shareholders expect a 10% return on their investment. All of the company's debt comes from a $20 million loan it received 5 years ago. The entire loan is to be repaid with a single $20 million payment 10 years from now Meanwhile, Calipso is making annual interest payments equal to $400,000. Assuming Calipso faces a 33% tax rate, calculate Calipso's weighted average cost of capital

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