You are given the following information for Huntington Power Company. Assume the company's tax rate is $22$ percent.

Debt: $,23,0005\mathrm{.}1$ percent coupon bonds outstanding, $$2,000$ par value, $22$ years to maturity, selling for $108$ percent of par; the bonds make semiannual payments.

Common stock: $435,000$ shares outstanding, selling for $$69$ per share; the beta is $\mathrm{.}94.$

Market: $8$ percent market risk premium and $3\mathrm{.}4$ 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$.,32\mathrm{.}16.)$

WACC

$\%$