Raylan Givens Incorporated has a target capital structure of 27.00% notes payable (debt), 5.00% preferred stock, and 68.00% common stock. Currently, banks want 7.00% on their notes, preferred stock owners would like 11.00%, while common stock holders require 14.00%. If the marginal tax rate is 40.00%, find the weighted average cost of capital for Givens. Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)