Information on Inkscape Co., is shown below. Assume the company's tax rate is 37 percent. The firm has no debt. Common stock: 235,701 shares outstanding, selling for $92.5 per share; beta is 0.88. Preferred stock: 26,813 shares of 4.3 percent preferred stock outstanding, currently selling for $107.6 per share. Market: 7.56 percent market risk premium and 3.12 percent risk-free rate. Calculate the WACC. Enter answer in percents.