Suppose, bellow is what CompuMax's balance sheet looks like at the end of 2525: Cash $160.400 Accounts payable $60840 Accounts receivable $154,853 Long-term bond $245.575 Intellectual properties $483,543 Property & Equipment $136,133 Common stock $668493 Total Assets $10 Total Lib&Equity $10 If CompuMax's management estimates that the market requires a 5% return on its common stock, the firm's bonds command a yield-to-maturity of 3%, and the firm faces a marginal tax rate of 11%, then what is the company's weighted average cost of capital? (Enter your answer in percentage with two decimal point but do not enter the "%" symbol)