AllCity, Inc., is financed 37% with debt, 13% with preferred stock, and 50% with common stock. Its cost of debt is 5.8%, its preferred stock pays an anne 1.16. Assume the risk-free rate is 2.1%, the market risk premium is 7.1% 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 37% with debt, 13% with preferred stock, and 50% with common stock. Its cost of debt is 5.8%, its preferred stock pays an anne 1.16. Assume the risk-free rate is 2.1%, the market risk premium is 7.1% 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.)