Use the following information about a firm to estimate the firms weighted average cost of capital. The firm has 4 million shares of common stock outstanding, trading at the price of $58 per share The firm currently has 165,000 shares of debt that are currently trading at $875 per share with a coupon payment paid semiannually at 5%, 7% yield to maturity, and 10 years to maturity with a par value of $1,000 The risk-free rate is 2% The expected return of the market is 8% The stock has a beta of 1.15 The firm has a marginal tax rate of 38% What is the firms WACC?