AllCity, Inc., is financed 38% with debt, 13% with preferred stock, and 49% with common stock. Its cost of debt is 5.8%, its preferred stock pays an annual dividend of $2.48 and is priced at $25. It has an equity beta of 1.1. Assume the risk-free rate is 1.9 %, 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.