The Paulson Company's year and balance sheet is shown below. It cost of common equity is 14%, its before tax cost of debt is 11 and its marginal tax rates 40%. Assume that the firm's long-term dete Ses par value. The firm's total debt, which is the sum of the company's short-term debt and long-term debt, qual $1,161. The firm has 570 shares of common stock outstanding that sell for 2.00 per Assets Liabilities And Equity Cash $ 120 Accounts payable and scrals $ 10 Accounts receivable 240 Short-term det 51 Inventores 360 Long-term det 1,110 Plant and equipment, net 2,160 Common couty 1,709 Total assets $2.50 Total abies and equity 12,600 Calculate Polo's WACC wsing market value weight. Do not round Intermediate calculations, Hound your answer to two decimal places