#4 Caspian Sea Drinks' is financed with 69.00% equity and the remainder in debt. They have 10.00-year, semi-annual pay, 5.5296 coupon bonds which sell for 98.11% of par. Their stock currently has a market value of $25.34 and Mr. Bensen believes the market estimates that dividends will grow at 3.48% forever. Next year's dividend is projected to be $2.25 Assuming a marginal tax rate of 21.00%, what is their WACC (weighted average cost of capital Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, son required. Ww accept decimal form rounded to 4 decimal places (ex: 0.0924