WSB Inc. common stock currently has a market capitalization of $314 million. It has a beta of 2, T bills currently yield 3% per year while the expected risk premium on the SP500 is 8% annually. On the debt side, WSB has bonds with $134 million of face value that are currently trading at 99% of par with a YTM of 6.8%. If WSB faces a tax rate of 16%, what its WACC? Submit your answer in percentage form rounded to the basis point. For example, 12.3456% is 12.35 Do not enter the % sign. WSB Inc. common stock currently has a market capitalization of $314 million. It has a beta of 2, T bills currently yield 3% per year while the expected risk premium on the SP500 is 8% annually. On the debt side, WSB has bonds with $134 million of face value that are currently trading at 99% of par with a YTM of 6.8%. If WSB faces a tax rate of 16%, what its WACC? Submit your answer in percentage form rounded to the basis point. For example, 12.3456% is 12.35 Do not enter the % sign.