A firm has $6,000,000$ shares of common stock outstanding, each with a market price of $$12\mathrm{.}00$ per share. It has $20,000$ bonds outstanding, each selling for $$900.$ The bonds mature in $10$ years, have an amnual coupon rate of $7\%,$ and pay coupons semi$-$annually, resulting in a yield to maturity of $8\mathrm{.}5\%.$ The firm has issued no preferred stock. The frrm$\text{'}$s equity has a beta of $1\mathrm{.}4,$ the expected market retum is $15\%,$ and the risk free rate is $5\%.$ The tax rate is $35\%.$ Calculate the weighted average cost of capital $($WACC$).$