Debt: $8,4007$ percent coupon bonds outstanding, with $25$ years to maturity and a quoted price of $106\mathrm{.}5.$ These bonds pay interest semiannually and have a par value of $$2,000.$

Common stock: $275,000$ shares of common stock selling for $$65\mathrm{.}50$ per share. The stock has a beta of $1\mathrm{.}04$ and will pay a dividend of $$3\mathrm{.}70$ next year. The dividend is expected to grow by $5$ percent per year indefinitely.

Preferred stock: $9,000$ shares of $4\mathrm{.}5$ percent preferred stock selling at $$95\mathrm{.}00$ per share. The par value is $$100$ per share.

Market: $11$ percent expected return, risk$-$free rate of $4\mathrm{.}1$ percent, and a $25$ percent tax rate.

Calculate the company's WACC.