AAA Company has a capital structure of 25% debt and 75% common equity. The yield to maturity on its bonds is 8% and its stock is currently selling for $30.00. AAA Company's most recent dividend paid was $1.50 per share and analysts expect its dividend to grow at a rate of 3% each year. If AAA Company's marginal tax rate is 30%, which of the following is closest to their Weighted Average Cost of Capital