Jake's Real Estate just paid a dividend of $4.50, and their common stock is priced at $64.30 per share. There are 466,000 shares of common stock outstanding, and dividends are expected to grow at 3.99 percent annually. The required return on equity is 11.27%. Jake's Real Estate also has 229,600 shares of 9.00 percent preferred stock outstanding, with a par value of $100 and a market price of $43.42. The cost of preferred stock is 20.73%. Jake's Real Estate has 24,100 bonds outstanding, . The bonds pay a 9.30 percent semiannual coupon, mature in 7 years, and currently sell at 82 percent of par. The required return on debt is 13.33%. Jake's Real Estate faces a tax rate of 21 percent. What is the company's WACC? (Round the cost of equity, cost of preferred stock, and cost of debt to two decimal places, as required above XX.XX%).