You are given the following information for Huntington Power Company. Assume the companys tax rate is 25 percent.

Debt:	30,000 4.9 percent coupon bonds outstanding, $2,000 par value, 25 years to maturity, selling for 104 percent of par; the bonds make semiannual payments.
Common stock:	470,000 shares outstanding, selling for $76 per share; the beta is 1.10.
Market:	6 percent market risk premium and 4.1 percent risk-free rate.

What is the company's WACC?