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Christopher Co. An analyst has collected the following information regarding Christopher Co.: The company's capital structure is 41 percent equity and 59 percent debt. The

Christopher Co. An analyst has collected the following information regarding Christopher Co.: The company's capital structure is 41 percent equity and 59 percent debt. The yield to maturity on the company's bonds is 7.3 percent. The company's year-end dividend is forecasted to be $0.71 a share. The company expects that its dividend will grow at a constant rate of 3.8 percent a year. The company's stock price is $7.47. The company's tax rate is 40 percent. What is Christopher's WACC? Provide your answer as a decimal, with at least 4 digits of precision (e.g. 0.1234). Do not include any symbols or punctuation other than the decimal.

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