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Ayratonia, a working project manager and promising musician, wants to purchase a new guitar and case for $ 9 7 0 0 . When they

Ayratonia, a working project manager and promising musician, wants to purchase a new guitar and case for $9700. When they learned of this opportunity, the grandparents provided a gift of $2400. She adds the $2400 to a current investment portfolio yielding an average of 8.13% per year (first dividend is received one year after the initial purchase) and borrows the entire amount of the case at a rate of 5.78% per year. Determine the WACC % per year (Round the final answer to two decimal places.)

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