$88888$Cinco Inc. has a new project available that requires an initial investment of $$7,000.$ The project will provide unlevered cash flows $($UCF$)$ of $$1,000$ a year forever. The company will finance the project with a debt$-$equity ratio of $0\mathrm{.}30.$ The company's bonds have a YTM of $10\%.$ The companies with operations comparable to this project have unlevered betas of $1\mathrm{.}46,0\mathrm{.}80,$ and $1\mathrm{.}38.$ The risk$-$free rate is $2\mathrm{.}0\%$ and the expected market return is $18\mathrm{.}0\%.$ The tax rate is $30\%.$

What is the WACC for the project?

Round to the nearest $0\mathrm{.}00\%.$ Do not enter the $\%$ symbol; For example, if your result is $0\mathrm{.}1432$ then enter $14\mathrm{.}32$

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