A corporation has $25,000$ bonds outstanding with a $4\%$ annual coupon rate, $18$ years to maturity, a $$1,000$ face value, and a $$1185$ market price. Assume semi$-$annual coupon payments.

The company's $650,000$ shares of common stock sell for $$50$ per share and have a beta of $0\mathrm{.}95.$ The risk$-$free rate is $5\%,$ and the market return is $16\%.$

Note: this corporation has no preferred stock.

Assuming a $21\%$ tax rate, what is the company's WACC? Be sure to show all your work!