5.The Sedap Nugget is unlevered and is valued at RM640,000. Sedap is currently deciding whether including debt in its capital structure would increase its value. The current of cost of equity is 12%. Under consideration is issuing RM300,000 in new debt with an 8% interest rate. Sedap would repurchase RM300,000 of stock with the proceeds of the debt issue. There are currently 32,000 shares outstanding and its effective marginal tax bracket is 34%. What will Sedap's new WACC be?