Charlies Computer Correction Connection (C4) runs a chain of computer repair franchises. C4s stock sells for $50 per share and has 1,000,000 shares outstanding. C4 just paid an annual dividend of $2 per share and expects the growth rate to be 3% annually. C4 also has 10,000 bonds outstanding, maturing in 8 years with a face value of $1,000 each. The bonds have a 7% coupon rate (make semiannual coupon payments) and currently sell for $1,000. The tax rate is 30%. What is C4's weighted-average cost of capital (WACC)?