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AllCity, Inc. is financed 36% with debt 15with preferred stock and 49% with common stock its cost of debt is 65% is preferred stock pays

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AllCity, Inc. is financed 36% with debt 15with preferred stock and 49% with common stock its cost of debt is 65% is preferred stock pays an annual dividend of 52 47 and is priced at $30 as an equity beta o 1 15 Assume the risk free reis 22% the market is premium is 715 and Ali's tax rate is 25 What is its after tax WACC) Note Assume that the firm will always be able to its full interest tax shield The WACC (Round to two decimal places

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