Question: Connect cezto.mheducation.com/marinder trot?.com condoxtemal browser=0aunch Connect Homework 5.10 Saved Help Save & Exit Check 5 312 Problem 11-16 WACC (LG11-2) Suppose that JB Cos, has

Connect cezto.mheducation.com/marinder trot?.com condoxtemal browser=0aunch Connect Homework 5.10 Saved Help Save & Exit Check 5 312 Problem 11-16 WACC (LG11-2) Suppose that JB Cos, has a capital structure of 76 percent equity, 24 percent debt, and that its before-tax cost of debt is 10 percent while its cost of equity is 14 percent. Assume the appropriate weighted average tax rate is 21 percent and JB estimates that they can make full use of the interest tax shield. What will be JB's WACC? (Round your answer to 2 decimal places.) Speed WACC M

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