The common stock and debt of Windows Phone Corp. are valued at $40 million and $33 million respectively investors currently require a 18% return on the common stock and a 7% return on the debt. There are no taxes Calculate the weighted average cost of capital. Enter your answer as a percentage rounded to two decimal places. Do not include the percentage sign in your answers. Enter your response below. Number Click "Verify" to proceed to the next part of the question Section Attempt 1 of 1 Verify