At 2018 ABI Construction has a face debt value of 22.48M trading at 96% with a pre-tax weigthed cost of 4.04%. ABI common equity for the year was valued at 115.84M and preferred equity for 13.63M. The Preferred equity rate was calculated to be 7%. However, the common equity was to be calculated using CAPM approach, with a 3% risk free rate and a 7% market risk premium rate, assuming a 1.65 Beta. If the tax rate is 42%, What is this firms WACC?