Marvelous Company's capital structure is as follows: 60% equity, 40% debt. Its cost of equity is 11% and its cost of debt is 6%. Its marginal tax rate is 29%. What is Marvelous Company's weighted average cost of capital?. Enter the answer as a whole number with 2 decimal places and without signs. For example, if the answer is $20.16, enter 20.16. If the answer is .1075 or 10.75%, enter 10.75