The equity beta of Fuji Co. is 0.9 and the company has issued 10 million ordinary shares. The market value for each ordinary share is 7.50. The company is also financed by 7% bonds with a nominal value of 100 per bond, and the after-tax cost of debt is 4.4%. The bonds have a total nominal value of 14 million. Interest on the bonds has just been paid and the current market value of each bond is 107.14. The risk-free rate of return is 4% per year and the average return on the stock is 11% per year. The corporation tax is at a rate of 20% per year. What is the WACC of Fuji Co