The Collins Group, a leading producer of custom automobile accessories, has hired you to estimate the firm's weighted average cost of capital. balance sheet and some other information are provided below. The Assets $ 38,000,000 Current assets 101,000,000 Net plant, property, and equipment $139,000,000 Total assets Liabilities and Equity. $ 10,000,000 Accounts payable 9,000,000 Accruals $ 19,000,000 Current liabilities 40,000,000 Long-term debt (40,000 bonds, $1,000 par value) $ 59,000,000 Total liabilities 30,000,000 Common stock (10,000,000 shares) 50,000,000 Retained earnings 80,000,000 Total shareholders' equity $139,000,000 Total liabilities and shareholders' equity The stock is currently selling for $15.25 per share, and its noncallable $1,000 par value, 20-year, 7.25% bonds with semiannual payments are selling for $875.00. The beta is 1.25, the yield on a 6-month Treasury bill is 3.50%, and the yield on a 20-year Treasury bond is 5.50%. The required return on the stock market is 11.50%, but the market has had an average annual return of 14.50% during the past 5 years. The firm's tax rate is 25%. Refer to the data for the Collins Group. What is the best estimate of the firm's WACC