Question: make final answer very clear please Question 26 Spruce Systems capital structure is 35% equity and 65% debt. The cost of equity is 16% and

make final answer very clear please make final answer very clear please Question 26 Spruce Systems capital structure

Question 26 Spruce Systems capital structure is 35% equity and 65% debt. The cost of equity is 16% and the pre-tax cost of debt is 7%. The tax rate is 20%. What is the weighted average cost of capital (WACC)? Enter your answer as a decimal (do not use the percent sign) Round your answer to 4 decimal points (0.000)

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