The total book value of the firms equity is $14 million; book value per share is $28. The stock sells for a price of $30 per share, and the cost of equity is 12%. The firms bonds have a face value of $8 million and sell at a price of 140% of face value. The yield to maturity on the bonds is 6%, and the firms tax rate is 40%. Find the WACC of William Tell Computers. (Do not round intermediate calculations. Round your answer to 2 decimal places.)