Company A wants to calculate its WACC. It has just issued a

$17-$year, $8\%$ coupon, non$-$callable bond at par value. A$\text{'}$s current

stock price is $$36$ and A just paid s $$0\mathrm{.}5$ per share dividend. A$\text{'}$s

dividend payment is expected to grow at a constant rate of $3\%$ a

year. A wants to keep a debt$-$to$-$capital ratio of $10\%.$ Tax rate is

$35\%.$ If A does not have preferred stock and floatation costs, what

is its WACC $($please report WACC as a decimal number with four

decimal places, such as $0\mathrm{.}0562)?$