Beauty Corporation uses no preferred stock. Their capital structure uses 39% debt ). Their marginal tax rate is 38.56%. Their before-tax cost of debt is 6.88%. Beauty corporation's stock paid a dividend per share of $1.81 in the current year. and their dividend is expected to grow at 5.51% over the long-run. Their stock currently trades at $23.39 per share. What is Beauty Corporation's weighted average cost of capital (WACC)?