TB MC Qu. 11-38 Suppose that Hanna Nalls, Incorporated's capital... Suppose that Hanna Nalls, Incorporated's capital structure features 45 percent equity, 55 percent debt, and that its before-tax cost of debt is 5 percent, while its cost of equity is 9 percent. If the appropriate weighted average tax rate is 21 percent, what will be Hanna Nails' WACC? Show transcribed data Expert Answer This solution was written by a subject matter expert. It's designed to help students like you learn core concepts