How to calculate this with a TI-BAII
You have the following information regarding your firm's financing:
Book Value of Bonds $1336
Book Value of Preferred $1369
Book Value of Common $2414
Market Value of Bonds $1063
Market Value of Preferred $1876
Market Value of Common $8028
After-Tax Cost of Debt 5%
Cost of Preferred 8.9%
Cost of Common 10.7%
Given this information, your firm's Weighted Average Cost of Capital is ____? (Round to 2 decimal places in percentage terms)