Caspian Sea Drinks' is financed with 60.00% equity and the remainder in debt. They have 10.00-year, semi-annual pay, 5.14% coupon bonds which sell for 98.96% of par. Their stock currently has a market value of $24.97 and Mr. Bensen believes the market estimates that dividends will grow at 3.36% forever. Next years dividend is projected to be $2.83. Assuming a marginal tax rate of 21.00%, what is their WACC (weighted average cost of capital)?