Details of the capital structure of Webber Ltd. appear below: Bonds Number issued Coupon rate Interest payments Years to maturity 27,000 6% semi-annually 10 $90 Current price Preferred shares Number issued 1.5 million. Dividend per share $2 Current price $25 Common shares Number issued 3.5 million Next dividend per share Dividend growth rate $3 6.5% Current price $30 Flotation costs Bonds 5% Preference shares 6% Common shares 7% Required: The company's tax rate is 30%. Calculate the company's weighted average cost of capital (Use 4 decimal places)