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

Debt: $6,0007\mathrm{.}3$ percent coupon bonds outstanding, $$1,000$ par value, $15$ years to maturity, selling for $109$ percent of par; the bonds make semiannual payments.

Common stock: $450,000$ shares outstanding, selling for $$63$ per share; the beta is $1\mathrm{.}06.$

Market:$12$ percent market risk premium and $5\mathrm{.}3$ percent risk$-$free rate.

What is the company's WACC?