You are given the following information for Huntington Power Company. Assume the company's tax rate is 24 percent. Debt: 33,0005.2 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: 485.000 shares outstanding, selling for $79 per share; the beta is 1.13 . Market: 7 percent market risk premium and 4.4 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.) Answer is complete but not entirely correct