Caspian Sea Drinks' is financed with 69.00% equity and the remainder in debt. They have 10.00-year, semi-annual pay, 5.60% coupon bonds which sell for 97.77% of par. Their stock currently has a market value of $24.28 and Mr. Bensen believes the market estimates that dividends will grow at 3.20% forever. Next years dividend is projected to be $2.26. Assuming a marginal tax rate of 30.00%, what is their WACC (weighted average cost of capital)