The capital structure for Capital Health is provided below. If the firm has a 8% after tax cost of long term debt, 12% commerical loan rate, 6% commerical paper rate, short term bond rate of 5%, a 9% cost of preferred stock, and an 15% cost of common stock, what is the firm's weighted average cost of capital (WACC)? #2 #3 Capital Structure (in K's) Weights Individual Costs Weighted Costs Long Term Bonds $ 3,000 8.00% Commercial Loans $ 2,845 12.00% Commercial Paper $ 1,500 6.00% Short Term Bonds $ 1,200 5.00% Preferred Stock $ 500 9.00% Common Stock $ 4,500 15.00% #1 #4 =WACC