Pfd Company has debt with a yield to maturity of 6.37%, a cost of equity of...

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Pfd Company has debt with a yield to maturity of 6.37%, a cost of equity of 13.75%, and a cost of preferred stock of 9.52%. The market values of its debt, preferred stock, and equity are $15.3 million, $3.4 million, and $16.4 million, respectively, and its tax rate is 30%. What is this firm's after-tax WACC? Note: Assume that the firm will always be able to utilize its full interest tax shield. Pfd Company has debt with a yield to maturity of 6.37%, a cost of equity of 13.75%, and a cost of preferred stock of 9.52%. The market values of its debt, preferred stock, and equity are $15.3 million, $3.4 million, and $16.4 million, respectively, and its tax rate is 30%. What is this firm's after-tax WACC? Note: Assume that the firm will always be able to utilize its full interest tax shield.