Pdd Company has debt with a yield to maturity of 7.6%, a cost of equity of 14.3%, and a cost of preferred stock of 9.5%. The market values of its debt, preferred stock, and equity are $11.4 million, $3.2 million, and $15.9 million, respectively, and its tax rate is 35%. What is this firm's WACC? Note: Assume that the firm will always be able to utiize its full interest tax shield. Pids WACC is %. (Round to two decimal places.)