Cream and Crimson has a capital structure of $40\%$ debt and $60\%$ equity. The tax rate is $34\%.$ The firm$$s

bonds currently trade in the market for $$1184.$ These $$1,000$ par value bonds have a coupon rate of $8\%,$

paid semiannually, with $7$ years to maturity. The firm$$s common stock trades for $$15$ per share and the

company$$s beta is $1\mathrm{.}18.$ The risk$-$free rate $($Rf$)=3\mathrm{.}2\%$ and the market risk premium $($Rm $$ Rf$)=8\mathrm{.}4\%.$

Given this information, Cream and Crimson$$s WACC is $\_\_\_\%.$