You are given the following information for Tara Ita Power Co. Assume the company's tax rate is 22 percent. Debt: 5.000 6.6 percent coupon bonds outstanding. $1.000 par value. 20 years to maturity. selling for 109 percent of par, the bonds make semiannual payments. Common stock 380,000 shares outstanding, selling for $56 per share the beta is 1.12. Market: 5 percent market risk premium and 4.6 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.) WACO