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The total book value of the firm's equity is $11 million; book value per share is $22. The stock sells for a price of $35

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The total book value of the firm's equity is $11 million; book value per share is $22. The stock sells for a price of $35 per share, and the cost of equity is 12%. The firm's bonds have a face value of $4 million and sell at a price of 115% of face value. The yield to maturity on the bonds is 6%, and the firm's tax rate is 30%. Find the WACC of William Tell Computers. (Do not round intermediate calculations. Round your answer to 2 decimal places.) WACC %

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