McCann Catching, Inc. has 3.00 million shares of stock outstanding. The stock currently sells for $12.61 per share. The firm's debt is publicly traded and was recenty quoted at 88.00% of face value. It has a total face value of $10.00 million, and it is currently priced to yield 10.00%. The risk tree rate is 4.00% and the market risk premium is 8.00%. You've estimated that the firm has a beta of 1.47. The corporate tax rate is 36.00% The firm is considering a $41.23 million expansion of their production facility. The project has the same risk as the firm overall and will earn $12.00 million per year for 7.00 years What is the WACC for McCann Catching, Inc.7 Answer Format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)