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Given the following information on Big Brothers, Inc. capital structure, compute the companys weighted average cost of capital (WACC). The companys marginal tax rate is

Given the following information on Big Brothers, Inc. capital structure, compute the companys weighted average cost of capital (WACC). The companys marginal tax rate is 40%.

Round the answer to two decimal places in percentage form. (Write the percentage sign in the "units" box)

Type of Capital	Percent of Capital Structure	Before-Tax Component Cost
Bonds	34%	9.90%
Preferred Stock	14%	13.78%
Common Stock	Please calculate it	14.52%

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