Zee Zee Inc. issued $50,000$ bonds with a face value of $$1,000$ each. The bonds are currently selling at $$1,123\mathrm{.}13$ each with a coupon rate of $5\%$ interest paid quarterly. The # of years till maturity is $10$ years. The firm also has $400,000$ shares of perpetual preferred stock with a dividend of $$3\mathrm{.}78$ per share and selling for $$42$ per share. The corporation just paid a dividend of $$3$ per share on its common stock. The dividends are expected to grow at $6\%$ per year indefinitely with the current stock price being at $$18$ per share. There are $1,500,000$ common shares outstanding at this time. Assuming a tax rate of $40\%,$ calculate Zee Zee Inc.$\text{'}$s Weighted Average Cost of Capital $($WACC$).$

Please solve avd explain. Do not use excel.