The Paulsen Company's year-end balance sheet is shown below. Its cost of common equity is 185 , its before-tax cost of debt is 9%, and fs marginal tax rate is 25\%s. Assume that the firm's ioco-term debt selis at par value. The firm's total debt, which is the sum of the company's short-term debt and fong. term debt, equals $1,128. The firm has 576 shatres of common stock outstanding that sell for 44.00 per share. Caiculate Paulson's WACC using market-value weights. Do not round intermediate calculations. Round wour answnr to two deomal places