Consider the following information for Evenflow Power Co$.,$Debt:$5,0007$ percent coupon bonds outstanding, $$1,000$ par value, $19$ years to maturity,$$selling for $102$ percent of par; the bonds make semiannual payments.$$Common stock:$105,000$ shares outstanding, selling for $$61$ per share; the beta is $1\mathrm{.}19.$Preferred stock:$15,500$ shares of $6$ percent preferred stock outstanding, currently selling for $$105$ per share.$$Market:$8\mathrm{.}5$ percent market risk premium and $5\mathrm{.}5$ percent risk$-$free rate.$$ Assume the company's tax rate is $34$ percent. $$ Required: $$ Find the WACC. $($Do not round your intermediate calculations.$)$