The Pawison Company's year-end balance sheet is shown below. Its cost of common equity is 18%, its before-tax cont of debties, and its marginal tax rate is 0% Astume that the firm's long-term debt sells at par value. The film's total debt, which is the sum of the company's short-term debit and long-term debt, quas 51,200. The firm as 576 stars ot common stock outstanding that sell for $4.00 per share Assets Liabilities And Equity Cash $ 120 Accounts payable and $10 accruals Accounts receivable 240 Short-term debt 50 Inventories 360 Long-term debt 1,150 Plant and equipment, net 2,160 Common equity 1,670 Total assets $2,880 Total liabilities and equity $2,880 Calculate Pawlson's WACC using market value weights Round your answer to two decimal places. Do not round your intermediate calculations