Assume Skyler Industries has debt of $$4,721,412$with a cost of capital of $7\mathrm{.}4\%$ and equity of $$5,631,835$ with a cost of capital of $6\mathrm{.}6\%.$

What is Skyler$$s total weighted average cost of capital? Round to the nearest hundredth, two decimal places and submit the answer in a percentage.