Johnny Cake Limited has $14$ million shares of stock outstanding selling at $$23$ per share and an issue of $$70$ million in $10$ percent annual coupon bonds with a maturity of $18$ years, selling at $91\mathrm{.}0$ percent of par. Assume Johnny Cake$$s weighted$-$average tax rate is $21$ percent, it cannot make use of interest tax shields for the foreseeable future, its next dividend is expected to be $$3$ per share, and all future dividends are expected to grow at $5$ percent per year, indefinitely.

What is its WACC?