The IPO Investment Bank has the following financing outstanding.

Debt: $20,000$ bonds with a coupon rate of $12$ percent and a current price quote of $110$; the bonds have $20$ years to maturity. $190,000$ zero coupon bonds with a price quote of $20\mathrm{.}5$ and $30$ years until maturity. Both bonds have a par value of $$1,000$ and semiannual coupons.

Preferred stock: $110,000$ shares of $10$ percent preferred stock with a current price of $$85,$ and a par value of $$100.$

Common stock: $2,200,000$ shares of common stock; the current price is $$71,$ and the beta of the stock is $1\mathrm{.}45.$

Market: The corporate tax rate is $21$ percent, the market risk premium is $5$ percent, and the risk$-$free rate is $2$ percent.

What is the WACC for the company? $($Do not round intermediate calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$