You were hired as a consultant to Giambono Company, whose target capital structure is 40% debt, 15% preferred, and 45% common equity. The after-tax cost of debt is 6.00%, the cost of preferred is...

You were hired as a consultant to Giambono Company, whose target capital structure is 40% debt, 15% preferred, and 45% common equity. The after-tax cost of debt is 6.00%, the cost of preferred is 7.50%, and the common stock has the following CAPM data: risk-free rate of 5.00%, market-risk premium of 6.00%, and Beta = 1.05. The firm will not be issuing any new stock.  What is its WACC?