You are given the following information for Lighting Power Company. Assume the company's tax rate is $21$ percent.

$\backslash$table$[[$Debt:$,\backslash$table$[[11,0006$ percent coupon bonds outstanding, $$1,000$ par value, $26$ years$],[$to maturity, selling for $108$ percent of par; the bonds make semiannual$],[$payments$.]]],[\backslash$table$[[$Common$],[$stock:$]],440,000$ shares outstanding, selling for $$62$ per share; the beta is $1\mathrm{.}13.],[\backslash$table$[[$Preferred$],[$stock:$]],\backslash$table$[[19,000$ shares of $3\mathrm{.}8$ percent preferred stock outstanding, a $$100$ par$],[$value$,$ currently selling for $$83$ per share.$]]],[$Market:$,7$ percent market risk premium and $4\mathrm{.}8$ 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