the xxx is 12%

R.S. Green has 250,000 shares of common stock outstanding at a market price of $28 a share. Next year's annum dividend is expected to be $1.7 a share. The dividend growth rate is 2 percent. The firm also has 7,500 bonds outstanding with a face value of $1,000 per bond. The bonds carry a xxx coupon, pay Interest semiannually, and mature in 10 years. The bonds are selling at 98 percent of face value. The company's tax rate is 34 percent. What is the firm's weighted average cost of capital? Note: xxx is given in your email Please write your answer exactly as follow: 3.12%