Assume that you are on the financial staff of Moerdyk Enterprises, and you have collected the following data: $(1)$ The yield to maturity on the company$$s outstanding $8\%$ annual coupon bonds is $6\mathrm{.}0\%,$ and its tax rate is $25\%.(2)$ The risk$-$free rate is $3\mathrm{.}0\%,$ the market risk premium $($rM $$ rRF$)$ is $5\mathrm{.}0\%,$ and the firm$$s beta is $1\mathrm{.}20.(3)$ The firm$$s capital structure consists of $45\%$ debt and $55\%$ equity. What is Moerdyk$$s WACC?