Your company has 16,366 bonds with a 6.53 percent coupon outstanding, $1,000 par value, 17 years to maturity, selling at par; the bonds make semiannual payments. The company has 408,655 shares of common stock outstanding, selling for $96.3 per share; the beta is 2.42. The expected return on the market is 10.16 percent and the risk-free rate is 2.22 percent. The company also has 49,654 shares of 3.26 percent preferred stock outstanding, currently selling for $74.67 per share. Assume your companys tax rate is 21 percent, what is its WACC?