Evaluate the following information about how your company funds its operations: Preferred stock: 18,000 shares preferred stock outstanding. . Priced at $81 per share. $3.60 dividend per share. Debt: 9,000 bonds, 5.8% coupon bonds outstanding, with semiannual payments. $1,000 face value. 24 years to maturity. Selling at $1,060 per bond. Market: 5% market risk premium. 4.6% risk-free rate. Company's tax rate is 24%. Common Stock: . 420,000 shares outstanding. . Priced at $60 per share. Beta is 1.11. What is the company's WACC? (Do not round intermediate calculations and enter your answer as a percent rounded WACC %