[The following information applies to the questions displayed below.]

All-Canadian, Ltd. is a multiproduct company with three divisions: Pacific Division, Plains Division, and Atlantic Division. The company has two sources of long-term capital: debt and equity. The interest rate on All-Canadians $400 million debt is 8 percent, and the companys tax rate is 30 percent. The cost of All-Canadians equity capital is 12 percent. Moreover, the market value of the companys equity is $624 million. (The book value of All-Canadians equity is $430 million, but that amount does not reflect the current value of the companys assets or the value of intangible assets.)

The following data (in millions) pertain to All-Canadians three divisions.

Division	Before-Tax Operating Income					Current Liabilities					Total Assets
Pacific		$	17				$	9				$	75
Plains			50					8					305
Atlantic			42					12					488
Compute All-Canadians weighted-average cost of capital (WACC). (Do not round intermediate calculations. Round your final answer to 2 decimal places (i.e., .1234 should be entered as 12.34).)