Caspian Sea Drinks' is financed with 60.00% equity and the remainder in debt. They have 12.00-year, semi-annual pay. 5.45% coupon bonds which sell for 98.18% of par. Their stock currently has a market value of $24.40 and Mr. Bensen believes the market estimates that dividends will grow at 3.56% forever. Next year's dividend is projected to be $2.83, Assuming a marginal tax rate of 33.00%, what is their WACC (weighted average cost of capitan? Submit Answer formar: Percentage Round to: 2 decimal places (Example: 9.24% % sign required Will accept decimal format rounded to 4 decimal places (ex: 0.0924))