Shi Import-Export’s balance sheet shows $300 million in debt, $50 million in preferred stock, and $250 million in total common equity. Shi’s tax rate is 25% rd=6%, rps=5.8% , and rs=12%.If Shi has a...

Shi Import-Export’s balance sheet shows $300 million in debt, $50 million in preferred stock, and $250 million in total common equity. Shi’s tax rate is 25% rd=6%, rps=5.8% , and rs=12%.If Shi has a target capital structure of 30% debt, 5% preferred stock, and 65% common stock, what is its WACC?