ABCity, Inc. is financed 39% with debt, 9% with preferred stock and 52% with common stock. Its cast of debt is 5.0%, 2s prefered stick peys an annual dividend of $2.51 and is priced at $33. has an equity beta of 1.13 A the risk free rate is 2.1%, the market risk premium is 7% and AllCity's tax rate is 35% What is its after-tax WACC? Note Assume that the firm will always be able to utilize its full interest tax shield The WACC is (Round to two decimal places) AllCity, Inc., is financed 39% with debt, 9% with preferred stock, and 52% with common stock. Its cost of debt is 5.6%, its preferred stock pays an annual dividend of $2.51 and is priced at $33. It has an equity beta of 1.13. Assume the risk-free rate is 2.1%, the market risk premium is 7% and AllCity's tax rate is 35%. What is its after-tax WACC? Note Assume that the firm will always be able to utilize its full interest tax shield. The WACC is%. (Round to two decimal places.)