General Lithograph Corporation uses no preferred stock. Their capital structure uses 70% debt (hint: the rest is equity). Their marginal tax rate is 29.01%. Their before-tax cost of debt is 3.08\%. General Lithograph's stock is expected to pay a dividend per share of $2.31 next year, and their dividend is expected to grow at 7.43% over the long-run. Their stock currently trades at $15.24 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