please help. im on my last attempt. i put in 8.95% and the answer is wrong.

Cullumber Industries has 8 percent coupon bonds outstanding. These bonds have a market price of $954.41, pay interest semiannually, and will mature insix years. The tax rate is 35 percent. The common stock of Cullumber Industries has a beta of 1.6 and the market risk-free rate is 4 percent and the expected return on the market is 9 percent. In addition to common stock. Cullumber has 500,000 preferred shares outstanding that pay a quarteriy dividend of $0.40 per share and are currently trading for $20.00 a share. The company's outstanding bonds have a face value of $249,368,720. There are 2.5 million shares of common stock outstanding with a current market price of $98.00 per share. Compute the WACC for Cullumber Industries. (Round intermediate calculation to 4 decimal places, es. 15.1253 and round final answer to 2 decimal ploces, eg.15.25% ) WACC