You are given the following information for Huntington Power Co. Assume the companys tax rate is 25 percent. Debt: 22,000 5 percent coupon bonds outstanding, $2,000 par value, 25 years to maturity, selling for 107 percent of par; the bonds make semiannual payments. Common stock: 430,000 shares outstanding, selling for $68 per share; the beta is .93. Market: 7 percent market risk premium and 3.3 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.)