A company has determined that its optimal capital structure consists of $57$ percent debt and the rest is equity. Given the following information, calculate the firm's weighted average cost of capital. $Rd=5\mathrm{.}0\%$; Tax rate $=30\%$ : Po $=$$$31\mathrm{.}56$; Growth $=6\mathrm{.}1\%$; and D$1=$ $$1\mathrm{.}01.$ Show your answer to the nearest $\mathrm{.}1\%$

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