You are given the following information for Lightning Power Company. Assume the company's tax rate is $24$ percent.

Debt:

Common stock:

Preferred stock:

Market:

$19,0006\mathrm{.}8$ percent coupon bonds outstanding, $$1,000$ par value, $24$ years

to maturity, selling for $111$ percent of par; the bonds make semiannual payments.

$520,000$ shares outstanding, selling for $$70$ per share; beta is $1\mathrm{.}21.$

$23,000$ shares of $4\mathrm{.}6$ percent preferred stock outstanding, a $$100$ par

value, selling for $$91$ per share.

$6$ percent market risk premium and $5\mathrm{.}5$ percent risk$-$free rate.

What is the company's WACC?

Note: Do not round intermediate calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32$

WACC