Blues, Inc. is an MNC located in the U.S. Blues would like to estimate its weighted average cost of capital (WACC). On average, bonds issued by Blues yield 9%. Currently, Treasury security rates are 3%. Furthermore, Blues stock has a beta of 1.5, and the return on the Wilshire 5000 stock index is expected to be 10%. Blues target capital structure is 30% debt and 70% equity. If Blues is in the 35% tax bracket, what is its weighted average cost of capital? Please enter your answer in decimal form, e.g., 8% would be .08, and 25.2% would be .252.