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- Styles Corporation has 10 million shares outstanding, now trading at $55 per share. The firm has estimated the expected return to shareholders at 12%.

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- Styles Corporation has 10 million shares outstanding, now trading at $55 per share. The firm has estimated the expected return to shareholders at 12%. It has also issued long-term bonds at an interest rate of 7% and has debt value of $200 million. It pays a marginal tax rate of 21%. What is Styles after tax WACC. Type the answer as a number with two decimal places. You do not need the \% sign. For example, 99.87

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