You are trying to estimate out how much it costs Disney to raise capital. The outstanding bonds have a 4.16% yield to maturity. The appropriate tax rate is 12%. The common stock has a current dividend (D0) of 1.76. Dividends are expected to growth by 6.5% per year and the stock is priced at $141.89. If they use 17% debt financing and 83% common stock financing, what is the weighted average cost of capital