Skimpoke Sewing (55) is a haberdashery manufacturer. At the end of the current year, analysts expect Ebit to be $2.5M and the same carvings are expected annually in perpetuity. Skimpole has long term debt of 55.5M and the pre-tax cost of debt is 816. The unlevered cost of equity is 10% and the value of Skimpole's equity is $13.65M. The corporate tax rate is 30%. What is the company's WACC? Express your answer in percentage form rounded to one decimal