The current stock price for a company is $50 per share, and there are 5 million shares outstanding. The beta for this firms stock is 1.2, the risk-free rate is 4.4, and the expected market risk premium is 6.4%. This firm also has 260,000 bonds outstanding, which pay interest semiannually. These bonds have a coupon interest rate of 6%, 18 years to maturity, a face value of $1,000, and a current price of 1,052.9. If the corporate tax rate is 39%, 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).