the paulson comapny

The Paulson Company's year and balance sheet is shown below. It cost of common equity is 16%, before-tax costo deti, da morte the firm's long-term debt sells at par value. The firm's total debt, which is the sum of the company's short-term and long terme, 31.1. The common stock outstanding that sell for $4.00 per share Assets Labilities And Equity Cash $ 120 Accounts payable and accruals $10 Accounts receivable 240 Short-term debt 50 Inventories 360 Long-term debt 1,080 Plant and equipment, net 2,160 Common equity 1,740 Total assets $2.800 Total liabilities and equity $2,000 Calculate Paulson's WACC Using market value weights. Do not found intermediate catellation. Hound your answer to two decimal places 96