Christopher Co. An analyst has collected the following information regarding Christopher Co.: The company's capital structure is 59 percent equity and 41 percent debt. The yield to maturity on the company's bonds is 5.5 percent. The company's year-end dividend is forecasted to be $0.61 a share. The company expects that its dividend will grow at a constant rate of 3.6 percent a year. The company's stock price is $7.63. The company's tax rate is 40 percent. What is Christopher's WACC? Provide your answer as a decimal, with at least 4 digits of precision (e.g. 0.1234). Do not include any symbols or punctuation other than the decimal.