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$-$term 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 $10$ million shares of stock outstanding, trading at $$88$ per share. The expected return on

Wishing Well's common stock is $21\%.($Table figures in $ millions.$)$

Calculate Wishing Well's WACC. Assume that the book and market values of Wishing Well'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.$)$