5: Masti Ltd. has 10 million common shares outstanding, 360,000 preferred shares with a 6% dividend, and 300,000 semi-annual bonds at 7.5% (with par value of $1000 each). Common shares sell at $14/share (beta 1.15), preferred stock at $93.2/share, and the bonds at 94% of par with 8 years to maturity. The market risk premium is 8%, T-Bills are yielding 4%, and the corporate tax rate is 40%. What is the Masti Ltd.s WACC