You are given the following information for Tara Ita Power Co$.$ Assume the company$$s tax rate is $23$ percent.

Debt: $7,0006\mathrm{.}2$ percent coupon bonds outstanding, $$1,000$ par value, $15$ years to maturity, selling for $105$ percent of par; the bonds make semiannual payments.

Common stock: $340,000$ shares outstanding, selling for $$52$ per share; the beta is $1\mathrm{.}08.$

Market: $8$ percent market risk premium and $4\mathrm{.}2$ percent risk$-$free rate.

What is the company's WACC?