The expected return on the market is 12.32%, the risk-free rate is 4.25%, and the tax rate is 21.00%. Semper Fun Sports has 300,000 common shares outstanding that are priced at $43.10 per share and have an expected return of 17.24% and an expected real return of 14.33%. Last year, Semper Fun Sports common stock had a return of 11.87%. The company also has 400,000 shares of preferred stock outstanding that are priced at $15.28 per share and have an expected return of 13.97% and an expected real return of 11.76%. Last year, Semper Fun Sports preferred stock had a return of 8.98%. Finally, the company has 10,000 bonds outstanding with a coupon rate of 9.20%, yield-to-maturity of 4.87%, current yield of 8.41%, face value of $1,000.00, and price of $1,170.00. What is the weighted average cost of capital for Semper Fun Sports