Weekend Warriors, Inc., has $30\%$ debt and $70\%$ equity in its capital structure. The firm's estimated after$-$tax cost of debt

is $5\%$ and its estimated cost of equity is $12\%.$ Determine the firm's weighted average cost of capital $($WACC$).$

Weekend Warriors' weighted average cost of capital $($WACC$)$ is

$\%.($Round to two decimal places.$)$