$($Weighted average cost of capital$)$ The capital structure for the Carion Corporation is provided$$ here:. The company plans to maintain its debt structure in the future. If the firm has an$$ after$-$tax cost of debt of $7\mathrm{.}3$percent$,$ a cost of preferred stock of $13\mathrm{.}1$percent$,$ and a cost of common stock of $16\mathrm{.}5$percent$,$ what is the$$ firm's weighted average cost of$$ capital?

Part $1$

The$$ firm's weighted average cost of capital is

$$

enter your response here$\%.($Round to two decimal$$ places.$)$