Given the following information for Evenflow Power Co., the WACC is__________ percent. Assume the company's tax rate is 33 percent. (Do not include the percent sign (%). Round your answer to 2 decimal places. (e.g., 32.16))

Debt:	4,500 6.5 percent coupon bonds outstanding, $1,000 par value, 21 years to maturity, selling for 104 percent of par; the bonds make semiannual payments.
Common stock:	103,500 shares outstanding, selling for $58 per share; the beta is 1.17.
Preferred stock:	13,000 shares of 5.5 percent preferred stock outstanding, currently selling for $106 per share.
Market:	7.5 percent market risk premium and 5 percent risk-free rate.