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A firm's total assets are $1847 mln. The firm funds the assets with $287 mln of debt, $54 mln. of preferred stock, and the remainder

A firm's total assets are $1847 mln. The firm funds the assets with $287 mln of debt, $54 mln. of preferred stock, and the remainder with common equity. What is the firm's WACC if its pre-tax cost of debt is 5.6%, cost of preferred stock is 9.5%, cost of common equity is 12.3%, and the tax rate is 28%?

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