Question 7 (1 point) Jonkin & Co's before tax cost of debt is 11%, its marginal tax rate is 34%, and its cost of equity is 15%. 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 Liabilities & Equity Cash $120 Accounts Recevable 240 L/T Debt $1,152 Net Fixed Assets 2160 Common Equity 1,728 Total Assets $2,880 Total Liab & Equity $2,880 (Enter your answer as a percentage to the nearest basis point (i.e. 20.5% would be entered as 20.50). Do not use the percent symbol.) Your