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Houston inc, has $3 milions of debt, 57 miljions of equity, and no preferred stock. The cost of debt is 6% and cost of equity

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Houston inc, has $3 milions of debt, 57 miljions of equity, and no preferred stock. The cost of debt is 6% and cost of equity is 8%. Tax rate is 25%. What's the WACC of Houston Ine? Roond your answer with two decimals in percentage, then enter the number without the percentage sign. E.g. 12.34% should be entered as" 12.34

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