Cream and Crimson Foods has a target capital structure of calling for $45\mathrm{.}00$ percent debt, $5\mathrm{.}00$ percent preferred stock, and $50\mathrm{.}00$ percent common equity $($retained earnings plus common stock$).$ Its before$-$tax cost of debt is $11\mathrm{.}00$ percent. The tax rate is $40\mathrm{.}00\%.$ Its cost of preferred stock is $10\mathrm{.}96\%.$ Its cost of common equity is $13\mathrm{.}30\%.$

Find the WACC for Cream and Crimson Foods?

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Answer format: Percentage Round to: $2$ decimal places $($Example: $9\mathrm{.}24\%,\%$ sign required. Will accept decimal format rounded to $4$ decimal places $($ex: $0\mathrm{.}0924))$