Given the following information for Tara Ita Power Co$..$ find the WACC. Assumer the company tax rate is $21$ percent.

Debt: $7,0005\%$ coupon bonds outstanding, $$1,000$ par value, $20$ years to maturity, selling for $105$ percent of par; the bonds make semiannual payments,

Common stock: $180,000$ share outstanding, selling for $$58$ per share; the beta is $\mathrm{.}85.$

Market: $6\mathrm{.}5$ percent market risk premium and $4\mathrm{.}3$ percent risk$-$free rate.