AllCity, Inc., is financed 39% with debt, 12% with preferred stock, and 49% with common stock. Its cost of debt is 5.8%, its preferred stock pays an annual dividend of $2.46 and is priced at $29. It has an equity beta of 1.1. Assume the risk-free rate is 19%, the market risk premium is 73% and Alicity's tax rate is 35%. What is its Note: Assume that the firm will always be able to utilize its full interest tax shield after-tax WACC? The WACC is % (Round to two decimal places)