ASCity, Inc., is 7inancod 435 weh debe. 14% with prefarred stock, and 43% wth correnon stock. Its pretax cost of debt is 5.6%, its preforred slock pays an annual dividend of 52.49 and is priced at 525.17 has an ecuty beta of 1.13. Assume the nisk-tree rate is 1.6%, the markot risk premium is 6.6% and Allity's tax rate is 25%. What is its ather-tax WACc? Node: Assume that the firm will alwiys be able to utike its tut interest tax shield The WhCC is (Round to two decimal places.)