Bob's is a retail chain of specialty hardware stores. The firm has 11,000 shares of stock outstanding that are currently valued at $41 a share and provide a 14.2 percent rate of return. The firm also has 1,000 bonds outstanding that have a face value of $1,000, a market price of $1,048, and a 7.5 percent coupon. These bonds mature in 4 years and pay interest semiannually. The tax rate is 24 percent. What is the firm's WACC? WACC = %