Western Electric has 43,000 shares of common stock outstanding at a price per share of $57.26 and a rate of return of 11.2%. The outstanding debt has a total face value of $1,350,000 and currently sells for 102.7% of face. The yield-to-maturity on the debt is 5.49% and the coupon is 6%. The firm has a 21% tax rate. What is the firm's weighted average cost of capital