A firm has bonds outstanding with a coupon rate of 5% and a current yield to maturity of 5.25%. The firm's tax rate is 30%. The firm also has common stock outstanding with a beta of 1.15. The expected return of the market is 8.50% and the risk free rate is 2.75%. The firm's total financial capital is equally split between debt and equity. What is the firm's Weighted Average Cost of Capital?