Suppose that the required rate of return on a firm’s debt is 8%, the corporate tax rate is 34%, and the required rate of return on the firm’s equity is 15%. If the firm finances its projects with 40%...

Suppose that the required rate of return on a firm’s debt is 8%, the corporate tax rate is 34%, and the required rate of return on the firm’s equity is 15%. If the firm finances its projects with 40% debt, what is the firm’s WACC?