Flora & Fauna Zoos, Inc. wants to calculate its weighted average cost of capital. The company's CFO has collected the following information:

The company's long$-$term bonds currently offer a before tax cost of $6\mathrm{.}5\%$

The company's stock price is $$42$ a share

The company recently paid a dividend of $$\mathrm{.}97$ per share

The dividend is expected to grow at a constant rate of $5\%$ per year.

The company pays a $12\%$ flotation cost whenever it issues new common stock

The company's target capital structure is $45\%$ equity and $55\%$ debt.

The company's tax rate is $40\%.$

The firm will not be able to use retained earnings to fund the equity portion of its capital budget. What is the company's WACC?