Caspian Sea Drinks' is financed with 61.00% equity and the remainder in debt. They have 11.00-year semi- annual pay. 5.64% coupon bonds which sell for 98.64% of par. Their stock currently has a market value of $25.33 and Mr. Bensen believes the market estimates that dividends will grow at 3.20% forever. Next year's dividend is projected to be $2.71. Assuming a marginal tax rate of 27.00%, what is their WACC (weighted average cost of capital)? Answer Format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required, will accept decimal-format rounded to 4 decimal places (ex: 0.0924) Enter Answer Her