The common stock of Buildwell Conservation & Construction, Inc., has a beta of 0.90. The treasury bill rate is 4 percent and the market risk premium is expected to be 8 percent. BCCI has $400 mil debt paying a 5 percent yield, $100 mil in cash, and a market capitalization of $700 mil. The book value of BCCIs equity is $425 mil. BCCI has a 40% corporate tax rate. What is BCCIs WACC?