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AllCity Inc. is financed 50% with debt, 20% with preferred stock, and 30% with common stock. Its pre-tax cost of debt is 6%, its preferred

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AllCity Inc. is financed 50% with debt, 20% with preferred stock, and 30% with common stock. Its pre-tax cost of debt is 6%, its preferred stock pays an annual dividend of $2.50 and is priced at $31. It has an equity beta of 1.3. Assume the risk-free rate is 2%, the market risk premium is 5%, and AllCity's tax rate is 35%. What is its after-tax WACC? What is its after-tax WACC? rwacc=(Roundtofivedecimalplaces.)

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