You are given the following information for Golden Fleece Financial: Long-term debt outstanding: Current yield to maturity (rdebt): Number of shares of common stock: Price per share: Book value per share: Expected rate of return on stock (requity): $420,000 10% 16,000 $ 50.20 $ 26 17% Calculate Golden Fleece's company cost of capital. Ignore taxes. (Do not round percent rounded to 2 decimal places.)