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What is the weighted - average cost of capital for SKYE Corporation given the following information? Equity shares outstanding 1 million Stock price per share

What is the weighted-average cost of capital for SKYE Corporation given the following information?
Equity shares outstanding 1 million
Stock price per share $ 21
Yield to maturity on debt 7.68%
Book value of interest-bearing debt $12 million
Coupon interest rate on debt 9%
Interest rate on government bonds 4%
SKYEs equity beta 0.75
Historical excess return on stocks 5.6%
Tax rate 30%
Note: Enter your answer to 1 decimal place.
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