equity. The interest rate on new debt is $7\mathrm{.}10\%,$ the yield on the preferred is $5\mathrm{.}65\%,$ the cost of common from retained earnings is $17\mathrm{.}15\%,$ and the tax rate is $34\mathrm{.}00\%.$ The firm will not be issuing any new common stock. What is XYZ$\text{'}$s WACC?

Round your answer to two decimal places. For example, if your answer is $$345\mathrm{.}6671$ round as $345\mathrm{.}67$ and if your answer is $\mathrm{.}05718$ or $5\mathrm{.}7182\%$ round as $5\mathrm{.}72.$

$11\mathrm{.}72\%$

$10\mathrm{.}32\%$

$12\mathrm{.}74\%$

$14\mathrm{.}52\%$

$13\mathrm{.}89\%$