(Related to Checkpoint 14.1) (Weighted average cost of capital) The target capital structure for OM Industries is 45 percent common stock 13 percent preferred Hock, and 42 percent debt. If the cost of common equity for the firm is 175 percent the cost of preferred stock is 10.3 percent, the before tax cost of debt is 74 percent, and the firm's tax rates 35 percent, what in QM's weighted average cost of capital? QM's weighted average cost of captalis (Round to three decimal places)