olsen Outfitters Incorporated believes that is optimal capital structure consists of $65\%$ common equity and $35\%$ debt and is tax rate is $25\%$ Olsen must raise additional Capital to fund its upcoming expansion The Firm will have a $$2$ million of retained earnings with a cost of RS equals $13\%$ new common stock in an amount of $8$ million dollars would have it cost of r e equals $15\mathrm{.}5\%$ furthermore all O$$$$ can raise up to $4$ million dollars of debt at an interest rate of Rd equals $11\%$ and an additional $5$ million dollars of debt at Rd equals $15\%$ the CFO estimates that a proposed expansion would require an estimate of $11\mathrm{.}2$ million dollars what is the wacc for the last dollar raise to complete the expansion round your answer to two decimal places