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Crane Co . has a capital structure, based on current market values, that consists of 3 5 percent debt, 1 6 percent preferred stock, and
Crane Co has a capital structure, based on current market values, that consists of percent debt, percent preferred stock, and
percent common stock. If the returns required by investors are percent, percent, and percent for the debt, preferred stock,
and common stock, respectively, what is Crane's aftertax WACC? Assume that the firm's marginal tax rate is percent. Do not
round intermediate calculations. Round answer to decimal place, eg
After tax WACC
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