You are given the following information for Lighting Power Company. Assume the company's tax rate is $25$ percent.

Debt: $,10,0005\mathrm{.}9$ percent coupon bonds outstanding, $$1,000$ par value, $25$ years to maturity, selling for $107$ percent of par; the bonds make semiannual payments.

Common stock: $430,000$ shares outstanding, selling for $$61$ per share; the beta is $1\mathrm{.}12.$

Preferred $18,500$ shares of $3\mathrm{.}7$ percent preferred stock outstanding, a $$100$ par stock: value, currently selling for $$82$ per share.

Market: $,6$ percent market risk premium and $4\mathrm{.}7$ 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$.,32\mathrm{.}16.)$

$$ WACC $$