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oxy Corporation uses dest, preferred stock, and common stock to raise capital The firm's capital structure targets the following peoportions: debt, 44%; preferred stock, 194

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oxy Corporation uses dest, preferred stock, and common stock to raise capital The firm's capital structure targets the following peoportions: debt, 44%; preferred stock, 194 ; and cominan stock . 37%. If the cost of debt is 69%, prefeced stack costs 9.2%, and common stock costs 12.5%, What is Oory's weighted average cost of capital (WACC)? Cirys weighted average cost of capital (ViACC) is w. (Round to two decimal places.)

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