MCS Corp currently has debt outstanding with a market value of $210 million and a YTM of 8 percent. The companys market capitalization is $310 million, and the required return on equity is 13 percent. The EBIT for next year is projected to be $45. EBIT is expected to grow at 7 percent per year for the next five years before slowing to 5 percent in perpetuity. Net working capital, capital spending, and depreciation as a percentage of EBIT are expected to be 6 percent, 12 percent, and 5 percent, respectively. The company has 1.95 million shares outstanding, and the tax rate is 35 percent.

What is the WACC? For this, you would need first to compute the capital structure weights.

Enter your answer as a percentage (e.g., 10, not 0.10, as in ten percent) but without the percentage sign.