QUESTION 9 RON Ltd has the following capital structure components Five million shares issued with a current market price of 10. Equity holders require a 16% return. $10 million face value of Corporate bonds outstanding. These bonds pay an annual coupon of6% and cu eldto maturity Of 6% urrently trade at a yi If the firm faces a corporate tax rate of 30%, compute RON Ltd's Weighted Average Cost of Capital (WACC). Enter your answer in decimal form to FOUR decimal places. For example 10.34%, would be entered as 0.1034