Trader's Corp is currently in this situation: (1) tax rate, T = 25% ; (2) value of debt, D = $7m; (3) rd = 5.5% ; (4) rs = 15.3% ; (5) shares of stock outstanding, n = 1,000,000; and (6) stock price, P = $78. The firms market is stable and it expects no growth, so all earnings are paid out as dividends. The debt consists of bonds. Compute the WACC.