Beauty Corporation uses no preferred stock. Their capital structure uses 54% debt). Their marginal tax rate is 21.94%. Their before-tax cost of debt is 3.75%. Beauty corporation's stock paid a dividend per share of $2.22 in the current year. and their dividend is expected to grow at 4.17% over the long-run. Their stock currently trades at $8.24 per share. What is Beauty Corporation's weighted average cost of capital (WACC)? Please enter without using the "\%", but with two decimal places (in other words if you calculate 9.87%, then just enter 9.87 )