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WACC: Corp. has $80M in long-term debt, $5M in preferred equity, and $65M in common equity, with a cost of debt of 0.06, a tax

WACC:

Corp. has $80M in long-term debt, $5M in preferred equity, and $65M in common equity, with a cost of debt of 0.06, a tax rate of 0.40, and a cost of preferred equity of 0.08, using the CAPM required rate of return of equity is 15.2%, what is the WACC? (Please provide your answer to the fourth decimal place.)

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