You have come up with the following data concerning Zion Company.
• The company has 2,500,000
• The company’s debt is 90% from the company market value. The interest rate paid last year by the company was $500,000.
• The company paid total dividends of $800,000 last year, which is 25% of its pretax profit, and its expected growth next year is $50,000 more.
• The company paid taxes of $950,000.
• The cost of capital requested by the investors is 13%. What is the company’s WACC?