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AllCity, Inc., is financed 36% with debt, 9% with preferred stock, and 55% with common stock. Its cost of debt is 6.1%, its preferred stock pays an annual dividend of $2.46 and is priced at $29. It has an equity beta of 1.15. Assume the risk-free rate is 1.9%, the market risk premium is 7.2% 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.