Easy Car Corp. is a grocery store located in the Southwest. It paid an annual dividend of $3.00 last year to its shareholders and plans to increase the dividend annually at the rate of 5.0%. It currently has 1,000,000 common shares outstanding. The shares currently sell for $17 each. Easy Car Corp. also has 20,000 semiannual bonds outstanding with a coupon rate of 8%, a maturity of 20 years, and a par value of $1,000. The bonds currently have a yield to maturity (YTM) of 13%. What is the weighted average cost of capital (WACC) for Easy Car Corp. if the corporate tax rate is 40%?