Casplan Sea Drinks' is financed with 60.00% equity and the remainder in debt. They have 10.00-year, semi-annual pay, 5.67% coupon bonds which sell for 97 26% of par Their stock currently has a market value of $25.80 and Mr. Bensen believes the market estimates that dividends will grow at 3.72% forever. Next year's dividend is projected to be $2.94 Assuming a marginal tax rate of 35.00% What is their WACC (Weighted average cost of capital? Submit Answer format: Percentage Round to 2 decimal places (Example 9.24%, % sign required Wil accept decimal formar rounded to 4 decimal places (ex 00924)) 9