Assume Skyler Industries has debt of $$4,351,533$with a cost of capital of $8\mathrm{.}1\%$ and equity of $$5,758,282$ with a cost of capital of $7\mathrm{.}4\%.$

What is Skyler$$s weighted average cost of capital for debt? Round to the nearest hundredth, two decimal places and submit the answer in a percentage.