The common stock and debt of iOS Corp. are valued at $$68$ million and $$32$ million, respectively. Investors currently require a $18\%$ return on the common stock and an $6\%$ return on the debt. There are no taxes.

Calculate the weighted average cost of capital. Enter your answer as a percentage. Do not include the percentage sign in your answers. Enter your answer rounded to $2$ DECIMAL PLACES.

WACC$=$

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