You are given the following information for Huntington Power Co. Assume the company's tax rate is 24 percent. Debt: years to maturity, selling for 102 percent of par, the bonds make semiannual payments. Common stock: Market 8 percent market risk premium and 4 percent risk-free rate. What is the company's WACC? (Do not round intermediate calculations and enter your onswer as a percent rounded to 2 decimal places, e.g., 32.16.)