Suppose Samsung's balance sheet looks like the following:

Balance Sheet Samsung Inc. on December 31st, 2190

Cash	$146,442	Accounts payable	$58,563
Accounts receivable	$227,653	Long-term bond	$294,321
Intellectual properties	$414,463
Property & Equipment	$111,626	Common stock	$547,300
Total Assets	$900,184	Total Lib & Equity	$900,184

If Samsung's management estimates that the market requires a 5% return on its common stock, the firm's bonds command a yield to maturity of 4%, and the firm faces a tax rate of 19%, then what is company's weighted average cost of capital?