The Saunders Investment Bank has the following financing outstanding. What is the WACC for the company? $($Assume that the face value of one bond $($for both coupon and zero$-$coupon bonds$)$ is $$1,000,$ and that semi$-$annual compounding is used for the zero$-$coupon bond.$)$

Debt: $60,000$ bonds with a coupon rate of $6$ percent and a current price

quote of $109\mathrm{.}5$; the bonds have $20$ years to maturity. $230,000$ zero

coupon bonds with a price quote of $17\mathrm{.}5$ and $30$ years until

maturity.

Preferred stock: $150,000$ shares of $4$ percent preferred stock with a current price of $$79,$ and a par value of $$100.$

Common stock: $2,600,000$ shares of common stock; the current price is $$65,$ and the beta of the stock is $1\mathrm{.}15.$

Market: The corporate tax rate is $40$ percent, the market risk premium is $7$

percent, and the risk$-$free rate is $4$ percent.