Corp. has a cost of equity of 11.5 percent and an aftertax cost of debt of 4.53 percent. The company's balance sheet lists long-term debt of $355,000 and equity of $615,000. The company's bonds sell for 104.7 percent of par and the market-to-book ratio is 2.89 times. If the company's tax rate is 22 percent, what is the WACC?