Quasar Inc. is financing its invention with the issuance of 10 shares of 6 years 4.5% coupon bond with a yield to maturity of 6%, 60 shares of preferred stock with a dividend of $2.5 and return of 10%, and 800 shares of common equity at the current price of $15 per share. If its common stock has beta 1.2 and the long-term risk-free rate is 3% and the market risk premium is 6%, what is the WACC given its tax rate is 30%? Ignore floatation costs.