Assume that you are an intern with the Barton Company, and you have collected the following data: The yield on the company's outstanding bonds is 8.75%; its tax rate is 35%; the next expected dividend is $1.00 a share; the dividend is expected to grow at a constant rate of 5.00% a year; the price of the stock is $30.00 per share; the flotation cost for selling new shares is F = 10%; and the target capital structure is 40% debt and 60% common equity. What is the firm's WACC, assuming it must issue new stock to finance its capital budget?