Marie Corp. has $1655 in debt outstanding and $2887 in common stock (and no preferred stock). Its marginal tax rate is 40%. Marie's bonds have a YTM of 6.4%. The current stock price (Po) is $48. Next year's dividend is expected to be $2.49, and it is expected to grow at a constant rate of 5% per year forever. The company's W.A.C.C. is ____%. Round your final answer to 2 decimal places (example: enter 12.34 for 12.34%), but do not round anyintermediate work in the process.