Baxter Inc. has a target capital structure of 30% debt, 15% preferred stock, and 55% common equity. The company's after-tax cost of debt is 0.053 , its cost of preferred stock is 0.088 , its cost of retained earnings is 0.120 , and its cost of new common stock is 0.176 . The company stock has a beta of 1.39 and the company's marginal tax rate is 0.33 . What is the company's weighted average cost of capital if retained earnings are used to fund the common equity portion? Instruction: Type your answer as a decimal, and round to three decimal places. E.g., if your answer is 0.0106465 or 1.06465%, should type ONLY the number .011 , neither 0.0106465,0.0106, nor 1.065 . Otherwise, Blackboard will treat it as a wrong