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 \11, and its marginal tax rate is \25. 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 \\( \\$ 1,142 \\). The firm has 576 shares of common stock outstanding that sell for \\( \\$ 4.00 \\) per share. Calculate Paulson's WACC using market-value weights. Do not round intermediate calculations. Round your answer to two decimal places. \ Olsen Outfitters Inc. believes that its optimal capital structure consists of \70 common equity and \30 debt, and its tax rate is \25. Olsen must raise additional capital to fund its upcoming expansion. The firm will have \\( \\$ 1 \\) million of retained earnings with a cost of s=10. New common stock in an amount up to \\( \\$ 10 \\) million would have a cost of \mathrmrmathrme=11.0. Furthermore, Olsen can raise up to \\( \\$ 4 \\) million of debt at an interest rate of d=11 and an additional \\( \\$ 3 \\) million of debt at d=14. The CFO estimates that a proposed expansion would require an investment of \\( \\$ 8.8 \\) million. What is the WACC for the last dollar raised to complete the expansion? Round your answer to two decimal places. \ Hook Industries's capital structure consists solely of debt and common equity. It can issue debt at d=11, and its common stock currently pays a \\( \\$ 2.75 \\) dividend per share \\( \\left(D_{0}=\\$ 2.75\ ight) \\). The stock's price is currently \\( \\$ 24.75 \\), its dividend is expected to grow at a constant rate of \5 per year, its tax rate is \25, and its WACC is \14.60. What percentage of the company's capital structure consists of debt? Do not round intermediate calculations. Round your answer to two decimal places. \