Sparky's Pitchfork Place $($SPP$)$ has a pretax cost of debt of $8\mathrm{.}3$ percent, a cost of equity of $14\mathrm{.}7$ percent, and a cost of preferred stock of $8\mathrm{.}9$ percent. The firm has $165,000$ shares of common stock outstanding at a market price of $$33$ per share. There are $15,000$ shares of preferred stock outstanding at a market price of $$43$ per share. The bond issue has a face value of $$750,000$ and a market quote of $101.$ SPP$\text{'}$s tax rate is $21$ percent. What is the weighted average cost of capital?