Marie Corp. has $1,567 in debt outstanding and $2,225 in common stock (and no preferred stock). Its marginal tax rate is 30%. Marie's bonds have a YTM of 6.9%. The current stock price (Po) is $47. Next year's dividend is expected to be $2.40, and it is expected to grow at a constant rate of 6% per year forever.

The company's W.A.C.C. is ____%.

Margin of error for correct responses: +/- .10(%)