Your capital structure consists of 23% debt with a cost of 7% and a beta of 0.3. The market return is 12.5% and the risk-free rate is 2.5%. Your firm has invested in three projects, with 40% in project 1 (beta of 0.84), 15% in project 2 (beta of 1.51), and 45% in project 3 (beta of 1.99). The tax rate is 20%. First, what is your current WACC? Input your answer in decimal (not percentage) scale, rounded to three decimal places (12.11% should be entered as 0.121).