Question $4$

Your company has a target debt$-$equity ratio of $0\mathrm{.}41.$ Its cost of equity is $13\mathrm{.}01$ percent, an its cost of debt is $6\mathrm{.}27$ percent. If the tax rate is $14$ percent, what is the company's WACC?

$($Do not round any intermediate calculations. List your answer as a percent, round your fina answer to $2$ decimal places and enter it in the box below.$)$