WACC Shi Import-Export's balance sheet shows $300 million in debt, $50 million in preferred stock, and $250 million in total common equity. Shr's tax rate is 25%, & - 6%, tos = 6.3%, and rs = 10%. 1 Shl has a target capital structure of 30% debt, 5% preferred stock, and 68% common stock, what is its WACC Round your answer to two decimal places