You are given the following information concerning a firm:

Debt:7,500, 6.8 coupon bonds outstanding, with 11 years to maturity and a quoted price of 927.9. These bonds pay interest semiannually

Common stock: 284,000 shares of common stock selling for $68 per share. The stock has a beta of 1.04 and will pay a dividend of $2.62 next year. The dividend is expected to grow by 2.5% per year indefinitely.

Preferred stock: 9,000 shares of $8 preferred stock selling at $88 per share

Market: 14.6% expected return, 4.1% risk-free rate

Company: 34% tax rate

Calculate the WACC for this firm.