Hanson, Corp.'s pretax cost of debt is 7.2%, and has 1,250 bonds outstanding with a market value of $980 each. The firm also has 46,000 shares of common stock outstanding at a price per share of $32 and a beta of 1.21. The risk-free rate is 2.4 percent, the market expected return is 7.3 percent, and the tax rate is 34 percent. What is the company's WACC?