Suppose the stock in company ABC has an equity beta of $1\mathrm{.}2,$ risk$-$free return of $5\%,$ market return of $12\%,$ and Debt$/$Equity of $2\mathrm{.}0.$ The firm has a bond issue that sells for $105\%$ of par with a coupon rate of $15\%($annual$),$ and a maturity of $1$ year. The tax rate is $34\%.$ What is the weighted average cost of capital $($WACC$)?$