Harry Bridges, Inc. (HBI) currently has a capital structure with bonds and common stock. The market value of all of the stock is $35,775, and it currently has a beta of 1.2. The risk-free rate is 2% and the market risk premium is 9%. The yield to maturity on the 20 outstanding bonds is 4.0%. The bonds have a coupon rate of 3.0%, paid annually, and will mature in 14 years. HBIs CFO intends to issue five more bonds at par, and use the cash generated by the sale of bonds to buy back common stock. HBIs tax rate is 20%. What will HBIs WACC be after this capital restructuring?