Question: PLEASE MAKE SURE THE ANSWER IS CORRECT!!!!!! NatNah, a builder of acoustic accessories, has no debt and an equity cost of capital of (

PLEASE MAKE SURE THE ANSWER IS CORRECT!!!!!! NatNah, a builder of acoustic accessories, has no debt and an equity cost of capital of \(13\%\). Suppose NatNah decides to increas leverage to maintain a market debt-to-value ratio of 0.4. Suppose its debt cost of capital is \(8\%\) and its corporate tax rate is \(35\%\). If NatNah's pre-tax WACC remains constant, what will be its (effective after-tax) WACC with the increase in leverage?
The effective after-tax WACC will be
\%.(Round to two decimal places.)
PLEASE MAKE SURE THE ANSWER IS CORRECT!!!!!!

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