Crypton electronic has a structure consisting of 39% common stock and 61% debt. A debt issue of $1000 par value, 5.9% bonds that mature in 15 years and pay annual interest will sell for $970. Common stock of the firm is currently selling for $30.52 per share and the firm expects to pay a $2.24 dividend next year. Dividends have grown at the rate of 4.6% per year and are expected to continue to do so for the for the foreseeable future. What is Cryton's cost of capital where the firms tax rate is 30%?