The FIN340 Company has 930,000 shares of common stock, 50,000 shares of preferred stock, and 9,000 bonds outstanding (par value = $1,000 per bond). The current market pricing for each is $10.00/share for the common stock shares and $ 12.30/share for the preferred stock shares. The bonds are currently trading at 69% of par. The company pays no dividend on its common stock but does pay a $0.75/share dividend on its preferred stock. The coupon rate on its bonds is 6.80% and the bonds will mature 22 years from today. The company?s Beta on its common stock is 1.3 and it has a 21.0% marginal tax rate. The current T-bill rate is 2.5% and the market return is 11.5%. Calculate the FIN340 Company WACC based on this information (INPUT YOUR ANSWER IN THE FOLLOWING FORMAT ONLY - 12.34 (IF YOU CALCULATED AN ANSWER OF 12.34%). IF YOU DO NOT FOLLOWING THIS INPUT NUMBERING FORMAT, BLACKBOARD WILL SCORE YOUR ANSWER AS INCORRECT. Note to the "expert" This question has been answered wrong multiple times, please answer only if you know what you're doing. Use a financial calculator for the calculations.