A company's capital structure weights are 30% debt and 70% equity. If the companys cost of equity is 15% and it's after-tax cost of debt is 8%, what is the WACC for this company?

Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit the % sign in your response. For example, an answer of 15.39% should be entered as 15.39.