MiniMo Corporation’s stock is currently trading at $36.78 per share. It has 1,250,000 sharesoutstanding. The company has issued 30,000 bonds, each with market value $1,012.53 andyield to maturity 6.25%. The stock’s beta is 1.3, the risk free rate is 3%, and the expectedmarket risk premium is 7%. What is the rm’s weighted average cost of capital (WACC),ignoring corporate taxes and debt default probabilities?