General Lithograph Corporation uses no preferred stock. Their capital structure uses 48% debt thint: the rest is equity). Their marginal tax rate is 26.47%. Their before-tax cost of debt is 6.93%. General Lithograph's stock paid a dividend per share of $2.19 last year, and their dividend is expected to grow at 4.06% over the long-run. Their stock currently trades at $66.02 per share. What is General Lithograph's weighted average cost of capital (WACC)? Please enter without using the "%", but with two decimal places (in other words if you calculate 9.87%, then just enter 9.87)