Badger Corp. has an issue of 6% bonds outstanding with 6 months left to maturity.  The bonds are currently priced at $1,008.97, and pay interest semiannually.  The firm's marginal tax rate is 40%.  The estimated risk premium between the company's stock and bond returns is 3%. The firm's expects to maintain a capital structure with 40% debt and 60% equity going forward.  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 any intermediate work in the process.

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A:

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