Problem 11-8 WACC (LG11-2) WACC Suppose that TapDance, Incorporated's capital structure features 75 percent equity, 25...

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Problem 11-8 WACC (LG11-2) WACC Suppose that TapDance, Incorporated's capital structure features 75 percent equity, 25 percent debt, and that its before-tax cost of debt is 6 percent, while its cost of equity is 11 percent. If the appropriate weighted average tax rate is 21 percent. What will be TapDance's WACC? ook Note: Round your answer to 2 decimal places. Problem 11-8 WACC (LG11-2) WACC Suppose that TapDance, Incorporated's capital structure features 75 percent equity, 25 percent debt, and that its before-tax cost of debt is 6 percent, while its cost of equity is 11 percent. If the appropriate weighted average tax rate is 21 percent. What will be TapDance's WACC? ook Note: Round your answer to 2 decimal places.