Yister Li, LLC. Has 4 million shares of common stock outstanding, currently selling for $12 per share on the market. There is also preferred stock currently worth $11 million in the market. Yister Li, LCC also has 29,000 bonds selling at 85% of face value. The cost of equity is 10%, the preferred stock costs 8% and the cost of debt is 5%. Find WACC if the tax rate is 35%.