The following is the capital structure of your company. Debt: 12,000 bonds. 6.1 annual % coupon, with semiannual payments. $1,000 face value. 27 years to maturity. Priced at $1,090 per bond. Preferred stock: 19,500 shares preferred stock. Priced at $84 per share. $3.90 dividend per share. Common Stock: 450,000 shares. Priced at $63 per share. Beta is 1.14 . Market: 5% market risk premium. 4.9% risk-free rate. Company's 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