Caspian Sea Drinks' is financed with 65.00% equity and the remainder in debt. They have 12.00-year, semi-annual pay, 5.40% coupon bonds which sell for 98.62% of par. Their stock currently has a market value of $25.17 and Mr. Bensen believes the market estimates that dividends will grow at 3.34% forever. Next years dividend is projected to be $2.25. Assuming a marginal tax rate of 22.00%, what is their WACC (weighted average cost of capital)