Problem $4$: The following are known about public Company XYZ:

$4$ million shares of common stock issued and outstanding

$$ Closing common stock price per share: $$10$

$2$ million shares of preferred stock issued and outstanding

$$ Closing preferred stock price per share: $$16$

$$ $$10$ million face value of bonds issued and outstanding

$$ Closing bond price: $80(80\%$ of face value$)$

$$ Cost of common equity for XYZ: $25\%$

$$ Cumulative, nonparticipating dividend on the preferred stock: $$2\mathrm{.}40$ per share every year

$$ Cost of debt before tax effect: $10\%.$Combined federal and state income tax rate:$40\%$

What is the WACC of Company XYZ$?$