Company A is financed by 33% of debt and the rest of the company is financed by common equity. The company's beforetax cost of debt is 5.9%, and its cost of equity is 10%. If the marginal tax rate is 30%, the company's weighted average cost of capital (WACC) is (Note: Round your answer to 3 decimal places. For example, if your answer is 8.7%, you should write 0.087 in the answer box. DO NOT write 8.7 in the box as you will be marked wrong)