You are given the following information for Lightning Power Co$.$ Assume the company$$s tax rate is $40$ percent.

Debt:

$8,0006\mathrm{.}3$ percent coupon bonds outstanding, $$1,000$ par value, $20$ years to maturity, selling for $106$ percent of par; the bonds make semiannual payments.

Common stock: $350,000$ shares outstanding, selling for $$53$ per share; the beta is $1\mathrm{.}09.$

Preferred stock:

$13,000$ shares of $3$ percent preferred stock outstanding, currently selling for $$73$ per share.

Market: $10$ percent market risk premium and $4\mathrm{.}30$ percent risk$-$free rate.

What is the company's WACC? o not round intermediate calculations and round your final answer to $2$ decimal places. $($e$.$g$.,32\mathrm{.}16))$