Caspian Sea Drinks' is financed with 70.00% equity and the remainder in debt. They have 10.00-year, semi-annual pay, 5.09% coupon bonds which sell for 97.61% of par. Their stock currently has a market value of $25.39 and Mr. Bensen believes the market estimates that dividends will grow at 3.80% forever. Next years dividend is projected to be $2.41. Assuming a marginal tax rate of 27.00%, what is their WACC (weighted average cost of capital)?