6. Chapter Problem 10.10 (WACC), Section Problem 10.10 (WACC), Problem Problem 10.10 (WACC) look Olsen Outters te beseves that its optimal capital structure consists of 704 commonly and debt, and its tax rate is 2 Olun must raise additional captaitotund its upcoming expansion. The firm will have 2 million of retained samings with a cost of -12 New common stock in an amount up to see would have a costar-13.5 Furthermore, Olsen can raise up to 54 million of det at an interest rate of -10% and additional monoter:- 23. The Cro estimates that proposed expansion would require an investment of 542 mion What is the WACC for the last doar raised to complete the expansion? Round your answer to two decimal places Grade it Now Save & Continue Continut without saving