(9) Marie Corp. has $1,146 in debt outstanding and $2,695 in common stock (and no preferred stock). Its marginal tax rate is 30%. Marie's bonds have a YTM of 6.6%. The current stock price (Po) is $47. Next year's dividend is expected to be $2.18, and it is expected to grow at a constant rate of 6% per year forever. The company's W.A.C.C. is ____%.

Margin of error for correct responses: +/- .10(%)