The following is the capital structure of your company. Debt 25,000 bonds. 7.4 annual % coupon, with semlannual payments. $1,000 face value, 21 years to maturity. Priced at $1,060 per bond. Preferred stock: 26,000 shares preferred stock. Priced at $97 per share. $5.20 dividend per share. Common Stock: 580,000 shares. Priced at $76 per share. Beta is 1.15 . Market 6% market risk premium, 4.8% risk-free rate. Company's tax rate is 25%. What is the company's Weighted Average Cost of Capital? (Do not round intermediate calculations and enter your answer as a percent rounded