NCAA stated that of the nearly 8,000,000 high school students participating in high school athletics, only 460,000 of those students will compete at an NCAA college. For the sport of baseball in particular, there are 482,629 high school players. Of these, 6.9% will play in an NCAA college and 8.6% of the college players will go on to be drafted by the MLB. What is the probability that a baseball player will play at an NCAA college and will also go on to be drafted by the MLB?