Your company is estimating its WACC. The company has collected the following information: Its MV capital structure consists of 40 percent debt and 60 percent common equity. The company has 20-year bonds outstanding with a 10.9% annual coupon that are trading at par. The company's tax rate is 32%. The risk-free rate is 4.1%. The market risk premium is 5%. The stock's beta is 1.0. . What is the company's WACC? Please enter your answer as a percentage to one decimal place (no % sign). For example, -22.91% should be input as -22.9