$3.$ The total book value of WTC$$s equity is $10$ million, and book value per share is $20.$ The stock has a market$-$to$-$book ratio of $1\mathrm{.}5,$ and the cost of equity is $15\%.$ The firm$$s bonds have a face value of $5$ million and sell at a price of $110\%$ of face value. The yield to maturity on the bonds is $9\%,$ and the firm$$s tax rate is $40\%.$ What is the company$$s WACC?