Garden Tools Inc has bonds preferred stock and common stocks outstanding. The number of securities outstandin, the current market price and the required rate of return for these securities are stated in the table below. The firm's tax rate is 35%

Calculate the firm's WACC adjusted for taxes using the market information in the table. Round the answer to teo decimal olaces in percentage form

	The Number of Securities	Selling Price	The Required Rate of Return
Bonds	1,488	$1,253	8.49%
Preferred Stock	5,633	$51.21	19.15%
Common Stocks	1,319	$103.92	13.04%