Madison Motors has provided you the following information: The yield to maturity on their newly issued debt is 7.54 Their common stock has an equity beta of 1.36 T-Bitls are returning 3, and the Dow Jones Industrial market index is returning 6.07. The company's preferred stock is selling for $26.03 and pays an annual dividend of $2.07 The company's capital structure is composed of 55% common equity, 40% debt and the remainder in preferred stock The company's tax rate is 37% Based on the information given what is Madison Motors WACC? Enter your answer as a decimal with a leading zero and 4 decimal places of precision (le 0.1234)