Lam Research Corporation has 5 bonds outstanding rated AAA. Each bond has a face value of $1,000, pays an annual coupon payment of $45, matures in 6 years, and trades at a price of $1,026. Lam has no preferred stock outstanding but does have 2,000 shares of stock outstanding. The stock trades at a price of $7 per share. Lams beta is 1.19. The risk-free rate is 1.9% and the expected return on the market is 10.25%. The corporate tax rate is 21%. Given this information, what is Lams weighted average cost of capital?