Filer Manufacturing has 8.2 million shares of common stock outstanding The current share price is $52 and the book value per share is $3. company also has two bond issues The first bond issue has a face value of $69.8 million and a coupon rate of 69 percent and sells for 1084 percent of par second issue has a face value of $59.8 million and a coupon rate of 7.4 percent and sells for 108.7 percent of par. The first issue matures in 7 years, the second in 28 years. Suppose the company's stock has a beta of 1.1. The risk-free rate is 3 percent, and the market risk premium is 6.9 percent Assume that the overall cost of debt is the weighted average implied by the two outstanding debt issues. Both bonds make semiannual payments. The tax rate is 34 percent. What is the company's WACC? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) WACC ___ %