The current stock price for a company is $37 per share, and there are 2 million shares outstanding. The beta for this firms stock is 1.4, the risk-free rate is 4.6, and the expected market risk premium is 5.6%. This firm also has 300,000 bonds outstanding, which pay interest semiannually. These bonds have a coupon interest rate of 8%, 12 years to maturity, a face value of $1,000, and a current price of 1,014.87. If the corporate tax rate is 30%, what is the weighted Average Cost of Capital (WACC) for this firm? (Answer to the nearest hundredth of a percent, but do not use a percent sign)