AllCity, Inc, is financed $35\%$ with debt, $12\%$ with preferred stock, and $53\%$ with common stock. Its pretax cost of debt is $5\mathrm{.}6\%,$ its preferred stock pays an annual dividend of $$2\mathrm{.}46$ and is priced at $$27.$ It has an equity beta of $1\mathrm{.}14.$ Assume the risk$-$free rate is $1\mathrm{.}7\%,$ the market risk premium is $7\mathrm{.}2\%$ and AllCity's tax rate is $25\%.$ 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.$)$