Blue Sox Bakery has the following information. Their stock price is $50.00 with 200,000 shares outstanding. Current Assets of $400,000 exceed their Current Liabilities of $250,000. The market value of their outstanding debt is $7 million for A-rated Bonds and $3 million for their BB-rated bonds. The market value of preferred stock is $1.2 million. The after-tax cost of debt is 7.00%, the cost of preferred is 8.50%, and the cost of retained earnings is 11.50%. What is its WACC?