*General Electric (GE) is planning to expand one of its Appliances Factory that will require a Capital Budget of $60,000,000. GE is planning to issue new stock worth $45,000,000 to finance this expansion and the remainder from issuing bonds that have an interest rate of 6% GE have a tax rate of 30%, a beta risk of 1.8, a market premium of 3% and given the risk-free rate is 2%. Calculate the WACC rate for this required expansion of GE's Appliances Factory