Question 7 (1 point) Jonkin & Co.'s before tax cost of debt is 9%, its marginal tax rate is 34%, and its cost of equity is 13%. The company's stock sells at book value and it has just published its most recent balance sheet below. Calculate Jonkin's Weighted Average Cost of Capital (WACC). Assets Cash Accounts Recevable Net Fixed Assets Total Assets Liabilities & Equity $120 240 L/T Debt $1,152 2160. Common Equity 1.728 $2,880 Total Liab & Equity $2.880 (Enter your answer as a percentage to the nearest basis point (1.e. 20.5% would be entered as 20,50). Do not use the percent symbol.) Your