A corporation has $10,000$ bonds outstanding with a $6\%$ semi$-$annual coupon rate, $10$ years to

maturity, a $$1,000$ face value, and a $$1,100$ market price. The company's $100,000$ shares of

preferred stock pay a $$5$ annual dividend, and sell for $$50$ per share. The company's $500,000$

shares of common stock sell for $$25$ per share and have a beta of $1\mathrm{.}5.$ The risk$-$free rate is $4\%,$

and the market return is $12\%.$ The company has stock price of $$26$ and an expected annual

dividend of $$1\mathrm{.}30$ a share which is to be paid next month. The dividend growth rate is $4$ percent.

Assuming a $40\%$ tax rate, what is the company's WACC?