Dean LL hired you as a consultant to help decide on an expansion project. The project will produce $10 million of revenue per year for five years. Cash expenses will be $2.5 million, and depreciation expenses will be $1 million per year. If the firm takes that project, then it will reduce the cash revenues of an existing project by $900,000. The firm's cost structure consists of 45% debt and 55% equity. The cost of equity is 10%. The firm's debt consists of bonds that have an 7% coupon (paid semi-annually) and have 20 years to maturity. The bonds are currently selling at $900 and have a face value of $1000. The firm's tax rate is 27%. What is the company's WACC?