A companys balance sheets show a total of $10 million long-term debt with a coupon rate of 0.08 and 1000 dollars face value that matures in 20 years and market price of 970 dollar The . The balance sheets also show that the company has 2 million shares of stock. The current stock price is $8 per share.,and it will pay 1.4 as dividends and it will grow rate is 0.07 . The company has 200,000 shares of preferred stock with market price25 dollars and dividends of 0.11 the par vlaue is 80 dollar , taxes are 30%

what is the ytm after tax