Titan Mining Corporation has 8.5 million shares of common stock outstanding and 200,00 7.5 percent semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $34 per share and has a beta of 1.20, and the bonds have 15 years to maturity and sell for 93 percent of par. The market risk premium is 7 percent, T-bills are yielding 7 percent, and the company's tax rate is 35 percent. Calculate WACC