The following is the capital structure of your company. Debt: 17,000 bonds. 6.6 annual% coupon, with semiannual payments. $1,000 face value. 26 years to maturity. Priced at $1,060 per bond. Preferred stock: 22,000 shares preferred stock. Priced at $89 per share. $4.40 dividend per share. Common Stock: 500,000 shares. Priced at $68 per share. Beta is 1.19. Market: 7% market risk premium. 5.5% risk-free rate. Companys tax rate is 22%.

What is the company's Weighted Average Cost of Capital? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 12.34.)