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Tech Company's cost of common stock is 16% (re), it's before tax cost of debt is 12% (rd). The company operates at its optimal capital

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Tech Company's cost of common stock is 16% (re), it's before tax cost of debt is 12% (rd). The company operates at its optimal capital structure and the balance sheet looks as follows: Total Assets $2.880 Liabilities and Equity Long-term debt Common equity Total Liabilities and Equity $1,152 $1,728 $2.880 What is Tech's WACC if its tax rate is 40% and it uses only internal capital

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