Olsen Outfitters Inc. Deves that its optimal capital structure consists of 55common equity and 45% debt and its tax rates 40%. Olen must raise acional capital to fund its upcoming expansion. The firm will have $1 milion of retained earning with a cost of -12%. New common stock in an amount up to 16 million would have a cost of t. - 15.0%. Furthermore, Olencantats up to 4 million of debt at an interest rate of 95 and an additional milion of debt atte-12%The CrO estimates that a proposed expansion would require an investment of 37.3 millon. What is the WACC for the last dollar rased to complete the expansion Round your answer to two decimal places