Hatch Corporation's target capital structure is $40\%$ debt and $60\%$ common stock. Information regarding the company's cost of capital can be summarized as follows: The company's bonds have a nominal yeild to maturity of $7\%.$ The company's common stock sells for $$28$ a share. and is expected to pay a dividend of $$2$ a share at the end of the year $($ D$1=$$$2\mathrm{.}00)$ The dividend is expected to grow at a constant rate of $7\%$ a year. The firm will be able to use retained earnings to fund the equity portion of its capital budget. The company's tax rate is $40\%.$ What is the company's WACC?