You are a financial manager of a firm and are asked to assess the cost of capital of your firm. you know that * your firm just paid dividend $3 per share * the current stock price is $60 per share * firm beta is 10% higher than market average * constant growth rate is 3% * expected market return is 9% and risk free rate is 2% * there is totally 10 million of outstanding shares of stocks, and for each dollar equity, firm issued $1.5 debt * cost of borrowing/issuing bond is 5% * corporate tax rate 30% what is the wacc for your firm using cost of equity from capm ___ ? (keep 4-digit after decimal point, e.g., 0.1234)