Currently, Hotel California has no debt (i.e., leverage =0 ). The CEO of Hotel California considers increasing leverage (=debt/(debt+equity)) 0.25. Currently, Hotel California's CAPM beta is 1.5. The cost of debt (RD) will be 10%, riskfree rate (RF) is 2%, and market return (RM) is 13.5%. Assume that the corporate tax rate () is 50%. Your task, as the CFO of Hotel California, is to provide the cost of capital under this proposed capital structure (i.e., 25% leverage). What is the weighted average cost of capital under the proposed capital structure (i.e., 25% leverage)