The table below shows a book balance sheet for the Wishing Well Motel chain. The company's long-term debt is secured by its real estate assets, but it also uses short-lerm bank loans as a permanent source of financing. It pays 10% interest on the bank debt and 8% interest on the secured debt. Wishing Well has 10 millon shares of stock outstanding. Vading at $88 per share. The expected return on Wishing Well's common stock is 21% (Table figures in $ milions) Calculote Wishing Weir's WACC Assume that the book and market values of Wishing Weil's debt are the same. The marginal tax rate is 21% (Do not round intermediate calculations. Enter your answer as a percent rounded to 1 decimal place.)