Adjusted WACC. Hollydale's will issue an additional $8,000$ bonds with the help of an investment banker. The bonds will be semiannual bonds with a maturity of $24$ years. The coupon rate will be $10\%,$ and the par value $$1,000.$ These bonds will be sold at $$1,119\mathrm{.}74$ in the market, but the investment banker will receive a $6\mathrm{.}5\%$ commission on the sold bonds. The original bonds have $15$ years to maturity and are semiannual, with a coupon rate of $9\mathrm{.}5\%$ and a price of $$961\mathrm{.}57.$ There are $13,000$ bonds outstanding from this senior issue. What is the new cost of capital for Hollydale's if the company still has $550,000$ shares outstanding selling at $$19\mathrm{.}86$ with an annual dividend growth rate of $4\mathrm{.}5\%$ and the last annual dividend of $$1\mathrm{.}60?$ The tax rate remains at $40\%.$

What is the adjusted WACC for Hollydale's if the corporate tax rate is $40\%?$

$\%($Round to two decimal places.$)$