General Lithograph Corporation uses no preferred stock. Their capital structure uses 52% debt (hint: the rest is equity). Their marginal tax rate is 23.92%. Their before-tax cost of debt is 5.55%. General Lithograph's stock is expected to pay a dividend per share of $1.11 next year, and their dividend is expected to grow at 6.2% over the long-run. Their stock currently trades at $54.45 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)