What is the weighted average cost of capital (WACC) for our firm if the following is true? Our firm currently finances the company with both stock and bonds. We have 1 million shares trading at $22 per share. The market risk premium is 8% and our equity's beta is 1.2. Our corporate tax rate is 21%, and T-bills are trading at 2%. The firm has 100,000 bonds outstanding, with a current market price of $940 each. The semiannual bonds have a 5% coupon rate, and will mature in 6 years. Give your answer as a percentage with two decimal places of accuracy, for example 1.23% (but without the percentage sign)