What if you decided to increase your leverage from 30% to 55% and then recalculated your levered equity beta as 2.12. With these changes (and the information below), what will the firm's new WACC be?

General Information given:

WACC of 14.21%

capital structure: 30% debt with a cost of 6% and a beta of 0.2

equity cost of 18.76%.

Market return:14%

risk-free rate: 4%.

The firm decided to invest in three projects, having 30% in project 1 (with a beta of 1.3), 30% in project 2 (with a beta of 0.75), and 40% in project 3 (with a beta of 1.5).

Tax rate of 40%.

Please round to 2 decimal places, thanks!