The ABC Company has a cost of equity of 21.32 percent, a before-tax cost of debt of 5.88 percent, and a tax rate of 20 percent. What is the firm's weighted average cost of capital if the proportion of debt is 65%? Note: Enter your answer rounded off to two decimal points. Do not enter % in the answer box. For example, if your answer is 0.12345 then enter as 12.35 in the answer box