Company B has 1 million dollar worth of debt paying 10% coupon. The bond is currently sold at its par value. It also has 1 million shares of common stock traded at $20 per share. It is just paid $2 dividend and expects the dividend to grow 4% per year. The stock has a beta of 0.5. The market risk premium is 6% and risk free rate is 4%. If the tax rate is 30%, find the weighted average cost of capital for the firm.