Assume the company$$s tax rate is $40$ percent.

Debt: $5,0007\mathrm{.}8$ percent coupon bonds outstanding, $$1,000$ par value, $20$ years to maturity, selling for $107$ percent of par; the bonds make semiannual payments.

Common stock: $500,000$ shares outstanding, selling for $$68$ per share; the beta is $1\mathrm{.}11.$

Market: $9$ percent market risk premium and $5\mathrm{.}8$ percent risk$-$free rate.

What is the company's WACC?