Caspian Sea Drinks' is financed with 68.00% equity and the remainder in debt. They have 11.00-year, semi-annual pay, 5.20% coupon bonds which sell for 97.79% of par. Their stock currently has a market value of $24.13 and Mr. Bensen believes the market estimates that dividends will grow at 3.38% forever. Next years dividend is projected to be $2.71. Assuming a marginal tax rate of 34.00%, what is their WACC (weighted average cost of capital)?