Question 20 (1 point) Compute WACC, given the following: $123MM in debt with interest payments of 7.19% but the ability to borrow at 6.84%, $35MM in preferred equity priced at $19.14 per share with an annual dividend of $1.80 and $294MM in common equity on which investors demand 16.03% return. The company faces a 33% tax rate. (Enter your answer as a percent with 2 decimal places but without the % symbol. For example, if you compute 25.00%, enter 25.00)