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Homework: Chapter_13 Save Score: 0 of 1 pt 16 of 26 (5 complete) HW Score: 19.23%, 5 of 26 pts P 13-16 (similar to) Question

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Homework: Chapter_13 Save Score: 0 of 1 pt 16 of 26 (5 complete) HW Score: 19.23%, 5 of 26 pts P 13-16 (similar to) Question Help 0 Pld Company has debt with a yield to maturity of 7.8%, a cost of equity of 13.4%, and a cost of preferred stock of 9.1%. The market values of its debt, preferred stock, and equity we 5116 milion $14 milion, and 5169 milion respectively, and its tax rate is 22% What is this firm's after-tax WACC? Note: Assume that the firm will always be able to utilize its full interest tax shield Ple's WACC is 0% (Round to two decimal places)

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