The capital structure for the Carion Corporation is provided here. The company plans to maintain its debt structure in the future. If the firm has a 5.5 percent of debt, a 13.5 percent cost of preferred stock and an 18 percent cost of common stock, what is the firm's weighted average cost of capital?

CAPITAL STRUCTURE in thousand$

Bonds.............................$1,083

Preferred Stock................$268

Common Stock................$3,681

Total...............................$5032