Consider a firm whose debt has a market value of $40 million and whose stock has a market value of $60 million (3 million outstanding shares of stock, each selling for $20 per share). The firm pays a 15% rate of interest on its new debt and has a beta of 1.41. The corporate tax rate is 34%. Assume that the SML holds, that the risk premium on the market is 9.5%, and that the current Treasury bill rate is 11%. What is this firm's rWACC?