AllCity, Inc., is financed 42% with debt, 15% with preferred stock, and 43% with common stock. Its pretax cost of debt is 5.53%, its preferred stock pays an annual dividend of $2.48 and is priced at $28.59. It has an equity beta of 1.12. Assume the risk-free rate is 2.33%, the market risk premium is 7.35% and AllCity's tax rate is 20%. What is its after-tax WACC? Note: Assume that the firm will always be able to utilize its full interest tax shield. ... AllCity's after-tax WACC is%. (Round to two decimal places.)

AllCity, Inc., is financed 42% with debt, 15% with preferred stock, and 43% with common stock. Its pretax cost of debt is 5.53%, its preferred stock pays an annual dividend of $2.48 and is priced at $28.59. It has an equity beta of 1.12 . Assume the risk-free rate is 2.33%, the market risk premium is 7.35% and AllCity's tax rate is 20%. What is its after-tax WACC? Note: Assume that the firm will always be able to utilize its full interest tax shield. AllCity's after-tax WACC is \%. (Round to two decimal places.)