Crypton electronics has a capital structure consisting

Crypton electronics has a capital structure consisting of 41% common stock and 59% debt. A best issue of $1,000 par value, 6.3% bonds that mature in 15 years and pay annual interest will sell for $975. Common stock of the firm is currently selling for $29.45 per share and the firm expects to pay a $2.27 dividend next year. Dividents have grown at the rate of 4.5% per year and are expected to continue to do so for the foreseeable future. What is cryptos’ cost of capital where the firm’s tax rate is 30%??? Crypton’s cost of capital is ___________% (round to three decimal places)