Consider the following information for Evenflow Power Co$.,$

$\backslash$table$[[$Common stock,$\backslash$table$[[4,000$ bonds that each year pay $6$ percent of par value as$],[$an annual coupon, have a $$1,000$ par value, and a yield to$],[$maturity of $5\mathrm{.}66$ percent compounded annually. The bonds$],[$have $20$ years to maturity and currently sell for $104$ percent$],[$of par $($face$)$ value.$],[84,000$ shares outstanding, selling for $$61$ per share; the$]]],[$Preferred stock:,$\backslash$table$[[13,000$ preferred shares that pay a dividend of $5$ percent$],[$annually on $$100$ par value, and currently sell for $$106$ per$],[$share$.]]],[$Market$.,\backslash$table$[[6\mathrm{.}5$ percent market risk premium and $4$ percent risk$-$free$],[$rate$.]]]]$

Assume the company's tax rate is $34$ percent. Note: Face value is sometimes used interchangeably with par value. Preferred shares almost always pay a constant dividend, but the dividend is usually quoted as a percent of par value $($just like coupons and bonds$).$ So as an example, a $7\%$ preferred dividend on a $$100$ par value means the annual dividend payment is $$7.$

Required:

Find the WACC. $($Do not round your intermediate calculations.$)$