Acme Storage has a market capitalization of $132 million and debt outstanding of $145 million. Acme plans to maintain this same debt-equity ratio in the future. The firm pays an interest of 7.4% on its debt and has a corporate tax rate of 30%.

A) If Acme's free cash flow is expected to be $11.08 million next year and is expected to grow at a rate of 6% per year, what is Acme's WACC?