finance

Weighted average cost of capital - The target capital structure for QM industries is 42% common stock, 15% preferred stock, and 43% debt.  If the cost of common equity for the firm is 18.9% the cost of preferred stock is 10.8%, the before tax cost of debt is 8.3% and the firms tax rate is 35%, what is QM's weighted average cost of capital?

QM's WACC is _____% round th three decimal places