You were hired as a consultant to ABC Company, whose capital structure is 35% debt, 10% preferred stocks, and 55% common stock equity. The before-tax cost of the debt is 6.50%, the yield on the preferred stocks is 6.00%, the cost of common stock equity is 13.25%, and the tax rate is 35%. What is the company's WACC?

	1.	9.16%
	2.	9.99%
	3.	11.20%
	4.	9.44%
	5.	9.37%