Assume Boston Scientific Corporation (Ticker: BSX) shares have a market capitalization of $65 billion. The company just paid a dividend of $0.40 per share and each share trades for $25. The growth rate in dividends is expected to be 7.00% per year. Also, BSX has $10 billion of debt that trades with a yield to maturity of 7.00%. If the firm's tax rate is 32.00%, compute the BSX's weighted average cost of capital (WACC). Report your answer as a percentage rounded to two decimal places (i.e. if your answer is 0.0123, report it as 1.23)