The Saunders Investment Bank has the following financing outstanding.Debt: $150,000$ bonds with a coupon rate of $11$ percent and a current price quote of $108$; the bonds have $20$ years to maturity. $320,000$ zero coupon bonds with a price quote of $16$ and $30$ years until maturity. Both bonds have a par value of $$1,000$ and semiannual coupons.Preferred stock: $240,000$ shares of $9$ percent preferred stock with a current price of $$67,$ and a par value of $$100.$Common stock: $3,500,000$ shares of common stock; the current price is $$53,$ and the beta of the stock is $\mathrm{.}9.$Market: The corporate tax rate is $24$ percent, the market risk premium is $8$ percent, and the risk$-$free rate is $5$ percent.What is the WACC for the company?

note: Do not round intermediate calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$