Calypso beverages have 100,000 shares of stock outstanding, with one share selling for $480 in the stock market. Caliph's shareholders expect a 9% rate of return on their investment. All of the company's debt comes from a $23 million loan it received 5 years ago. The entire loan is to be repaid with a single $23 million payment 10 years from now. Meanwhile, Calypso is making annual interest payments equal to $400,000. Assuming calypso faces a 17% tax rate, calculate calypso's weighted average cost of capital