You are given the following information concerning Parrothead Enterprises:

Debt:	9,600 7.1 percent coupon bonds outstanding, with 24 years to maturity and a quoted price of 105.5. These bonds pay interest semiannually.
Common stock:	255,000 shares of common stock selling for $65.10 per share. The stock has a beta of .91 and will pay a dividend of $3.30 next year. The dividend is expected to grow by 5.1 percent per year indefinitely.
Preferred stock:	8,600 shares of 4.55 percent preferred stock selling at $94.60 per share.
Market:	A 11.4 percent expected return, a risk-free rate of 5.1 percent, and a 34 percent tax rate.

Required:

Calculate the WACC for Parrothead Enterprises. (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).)

i want to know my answer! not you solved before! only give points for correct answer ! thanks !