turnbull co. is considering a project that requires an initial investment of $1,708,000. the firm will raise the $1,708,000 in capital by issuing $750,000 of debt at a before-tax cost of 11.1%, $78,000 of preferred stock at a cost of 12.2%, and $880,000 of equity at a cost of 14.7%. the firm faces a tax rate of 25%. what will be the wacc for this project? (note: round your intermediate calculations to three decimal places.)