Uchi is a small restaurant chain specializing in Japanese dishes. Its equity has a market value of $6 million and its debt has a value of $4 million. Its equity beta is 1.5. Investors expect an 8% return on the market portfolio and a 1% risk-free return on Treasury securities per year. The yield-to-maturity of Uchis debt is 6% per year and companies with similar credit ratings as Uchi have an annual default probability of 2%. You expect that the debt holders will not receive any payments in the case that Uchi defaults. Uchis marginal corporate tax rate is 20%. What is the Weighted Average Cost of Capital (WACC) of Uchi?