The Paulson Company's year$-$end balance sheet is shown below. Its cost of common equity is $18\%,$ its before$-$tax cost of debt is $10\%,$ and its marginal tax rate is $40\%.$ Assume that 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 debt and long$-$term debt, equals $$1,177.$ The firm has $576$ shares of common stock outstanding that sell for $$4\mathrm{.}00$ per share. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the question below.$$Open spreadsheetCalculate Paulson's WACC using market$-$value weights. Round your answer to two decimal places. Do not round your intermediate calculations.$$