You are given the following information for Huntington Power Co Assume the company's tax rate is 40 percent 8 000 7 5 percent coupon bonds outstanding, $1,000 par value, 25 years to maturity selling for 104 percent of par the bonds make semiannual payments 470.000 shares outstanding, selling for $65 per share, the beta is 1 08 8 percent market risk premium and 5.5 percent risk-free rate What is the company's WACC? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.. 32.16.)