4. Caspian Sea Drinks' is financed with 67.00% equity and the remainder in debt. They have 12.00-year, semi-annual pay, 5.76% coupon bonds which sell for 97.78% of par. Their stock currently has a market value of $25.40 and Mr. Bensen believes the market estimates that dividends will grow at 3.25% forever. Next years dividend is projected to be $2.04. Assuming a marginal tax rate of 27.00%, what is their WACC (weighted average cost of capital)?