Jackson Industries finances its projects with $30$ percent debt, $10$ percent preferred stock, and $60$ percent common stock.

The company$$s cost of debt is $8\mathrm{.}4$ percent.

The cost of preferred stock is $9$ percent.

The company's common stock currently sells for $$30$ a share.

The company's dividend is currently $$2\mathrm{.}00$ a share $($D$0=$ $$2\mathrm{.}00),$ and is expected to grow at a constant rate of $6$ percent per year.

The company's tax rate is $30$ percent.

What is the company's weighted average cost of capital $($WACC$)?$