Suppose stock in Watta Corporation has a beta of $0\mathrm{.}80.$ The market risk premium

is $6$ percent, and the risk$-$free rate is $6$ percent. Watta$$s last dividend was $$1\mathrm{.}20$ per share, and

the dividend is expected to grow at $8$ percent indefinitely. Watta has a target debt$-$equity ratio

of $50$ percent. Its cost of debt is $9$ percent before taxes. If the tax rate is $21$ percent, what is

the percentage WACC?