Question at position $10$

CoffeeStop primarily sells coffee. It recently introduced a premium coffee$-$flavored liquor. Suppose the firm faces a tax rate of $35\%$ and collects the following information. If it plans to finance $11\%$ of the new liquor$-$focused division with debt and the rest with equity, what WACC should it use for its liquor division? Assume a cost of debt of $4\mathrm{.}8\%,$ a risk$-$free rate of $3\%,$ and a risk premium of $6\%.$

Beta $\%$ Equity $\%$ Debt

CoffeeStop $0\mathrm{.}6196\%4\%$

BF Liquors $0\mathrm{.}2689\%11\%$