You are given the following information on Parrothead Enterprises:

Debt: $9,4006\mathrm{.}6$ percent coupon bonds outstanding, with $21$ years to maturity and a quoted price of $105.$ These bonds pay interest semiannually and have a par value of $$1,000.$

Common stock: $245,000$ shares of common stock selling for $$64\mathrm{.}90$ per share. The stock has a beta of $\mathrm{.}94$ and will pay a dividend of $$3\mathrm{.}10$ next year. The dividend is expected to grow by $5\mathrm{.}4$ percent per year indefinitely.

Preferred stock: $8,400$ shares of $4\mathrm{.}7$ percent preferred stock selling at $$94\mathrm{.}40$ per share. The par value is $$100$ per share.

Market: $11\mathrm{.}6$ percent expected return, risk$-$free rate of $3\mathrm{.}8$ percent, and a $24$ percent tax rate.

Calculate the company's WACC.