JPM has $250,000$sharrs of common stock outstanding at s market price of $28\mathrm{.}00$$ a share. Next years annual dividend is expected to be $$1\mathrm{.}55$ a share. The dividend growrh rate is $2\%.$ The firm also has $15,000$ bonds outstanding with a face value of of $$1,000$ per bond. The bonds carry a $7\%$ coupon, pay interest semi annually and mature in $7\mathrm{.}5$ years. The bonds are selling at $98\%$ of face value. The company's tax rate is $34\%.$ What is the firms weighted avg cost of capital?