A company maintains a debt$-$equity ratio of $0\mathrm{.}65$ and has a tax rate of $32\%.$ The pre$-$tax cost of debt is $9\mathrm{.}8\%.$ There are $25,000$ shares of stock outstanding with a beta of $1\mathrm{.}2$ and a market price of $$19$ a share. The current market risk premium is $8\mathrm{.}5\%$ and the current risk$-$free rate is $3\mathrm{.}6\%.$ This year, the firm paid an annual dividend of $$1\mathrm{.}10$ a share and expects to increase that amount by $2\%$ each year. Using an average expected cost of equity, what is the WACC?