Olsen Outfitters Inc, believes that its optimal capital structure consists of 65% common equity and 35% debt, and its tax rate is 40%. Olsen mustral additional capital to fund Its upcoming expansion. The firm will have $1 million of retained earnings with a cost of rs = 12%. New common stock in ar amount up to $9 million would have a cost of re = 14,0%. Furthermore, Olsen can raise up to $4 million of debt at an interest rate of to 11% and a additional $4 million of debt at fo = 13%. The CFO estimates that a proposed expansion would require an investment of $7.1 milion. What is the WA for the last dollar raised to complete the expansion? Round your answer to two decimal places. %