You are given the following information for Huntington Power Company. Assume the

company's tax rate is $25$ percent.

Debt: $,30,0004\mathrm{.}9$ percent coupon bonds outstanding, $$2,000$ par value, $25$

years to maturity, selling for $104$ percent of par; the bonds make

semiannual payments.

Common

$470,000$ shares outstanding, selling for $$76$ per share; the beta is $1\mathrm{.}10.$

stock:

Market:

$6$ percent market risk premium and $4\mathrm{.}1$ percent risk$-$free rate.

What is the company's WACC? $($Do not round intermediate calculations and enter your

answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

Answer is complete but not entirely correct.