Balance Sheet of YDL as of 31 December 2019
Assets
Cash at bank	$ 700,000
Accounts receivable	$ 550,000
Inventory	$ 1,700,000
Marketable securities	$ 6,670,000
Plant, machinery and equipment	$ 150,500,000
Intangible assets	$ 40,000,000
Land and building	$ 30,000,000
Total	$ 230,120,000
Liabilities
Accounts payable	$ 300,000
Bank overdraft	$ 670,000
Commercial bills (due 30th Jun 2020)	$ 3,000,000
3.75% Coupon bonds (due Dec 2029 issued @$100 each)	$ 150,000,000
Shareholders' Fund
Common stock 33,500,000 @ $2.209 each	$ 74,000,000
Retain earnings	$ 2,150,000
Liabilities + Shareholders' Fund	$ 230,120,000

Additional Information:

• The applicable interest rate on bank overdraft is 5.5% per annum and has monthly compounding.
• The commercial bills are currently yielding 4.5% per annum with quarterly compounding. They will mature on 30th June 2020 however, will be replaced by newer issues on that date.
• The bonds are currently priced at $102 each and pay coupons semi-annually on 30th June, and 31st December.
• The coupon payment due to be paid on 31th December 2019 has been paid.
• The applicable company tax rate is 30% and the proportion of tax collected from the company and is claimed by shareholders is 0.50.
• The current yield on Australian Government 10-year bonds is 1.40% per annum.
• The expected market return including franking premium is 9.25% per annum.

Calculate the Wacc base on the above informations