Ha Li Berries, a U.S.-based Chinese agricultural company has a before tax cost of long-term debt of 8.66%, preferred-stock cost of 12.25% and a beta of 1.25; the NYSE composite index market return is 11.54% and the one-year T-bill has an annual return of 3.82%. From their financial statements, it is known that they have $560,000 of long-term debt, $280,000 of preferred stocks, and $295,000 of common shares. The applicable tax of the company is 33%. Calculate its weighted average cost of capital. You can use the formula sheet formulario final 2.docx The answer is in percentage % Use 2 decimals. If the answer is negative, use the sign - to indicate it