LLL Corporation making a new investment using the following capital structure:

- Loans = $17 million, with an effective annual after tax interest rate of 16%

- Common Stock= $73 million, with an effective annual after tax interest rate of 6%

- Retained Earnings = $52 million, with an effective annual after tax interest rate of 29%

Compute the Weighted Average Cost of Capital (WACC) for this investment. Write your answer as percentage (e.g. if your answer is 5%, write 5 not 0.05).