AllCity, Inc., is financed 41 % with debt, 6 % with preferred stock, and 53 % with common stock. Its pretax cost of debt is 6.1 % , its preferred stock pays an annual dividend of $ 2.46 and is priced at $ 25 . It has an equity beta of 1.1 . Assume the risk-free rate is 1.7 % , the market risk premium is 7.4 % and AllCity's tax rate is 25 % . What is its after-tax WACC?