A company has $ 100 million in outstanding bonds, and 10 million shares of stock currently trading at $36 per share.The bonds pay an annual coupon rate of 9% and is trading at par. The company's beta is 1.1, its tax rate is 40%, the risk-free rate is 5%, and the market risk premium is 6%. What is this firm's WACC? Enter your answer as a percentage, without the percentage sign (%'), rounded to 1 decimal. For example, if your answer is 0.0789, that's 7.9%, so just enter 7.9