Universal Foods has a debt$-$to$-$value ratio of $35\%,$ its debt is currently selling on a yield of $5\%,$ and its cost of equity is $9\%.$ The corporate tax rate is $40\%.$ The company is now evaluating a new venture into home computer systems. The internal rate of return on this venture is estimated at $13\mathrm{.}4\%.$ WACCs of firms in the personal computer industry tend to average around $14\%.$

A$.$ What is Universal$$s WACC?

Note: Do not round intermediate calculations. Enter your answer as a percent rounded to $2$ decimal places.

B$.$ Will Universal make the correct decision if it discounts cash flows on the proposed venture at the firm$$s WACC?

C$.$ Should the new project be pursued?