ACity, Inc., fnanced 38% with debt 10% with preferred stock and 52% with common stock its cost of debt is 59%, s preferred stock pays an annual dividend of 52 53 and is priced at $26. It has an equity beta of 117 Assume the risk tree rate is 25%, the market is premium is 73% and Alchy's tax rate is 35% What is its after-tax WACC? Note Assume that the form will always be able to utilize its full interest tax shield The WACCIN (% (Round to two decimal places)