You are given the following information about Firm XYZ: The firm has one zero-coupon bond outstanding that matures in one year and trades at a price of $909. The firm has a beta of 1.5 The risk free rate is 1% The expected return on the market is 11% If the firm is capitalized with equal amounts of debt and equity, what is the weighted average cost of capital, rounded to the nearest percent? ***Answer in percentage points, e.g. 10% = 10, NOT 0.10***.