You are given the following information for Tara Ita Power Co$.$ Assume the company's tax

rate is $21$ percent.

Debt: $,5,0006$ percent coupon bonds outstanding, $$1,000$ par value, $20$

years to maturity, selling for $103$ percent of par; the bonds make

semiannual payments.

Common stock: $320,000$ shares outstanding, selling for $$50$ per share; the beta is

$1\mathrm{.}06.$

Market: $5$ percent market risk premium and $4$ 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