Homework: Homework 10 Score: 0 of 1 pt P 13-15 (similar to) Save 7of1O (6 complete) HW Score: 60%, 6 of 10 pts Question Help AlCity, Inc., is financed 45% with debt, 5% with prefer ed stock, and 50% with common stock. Its cost of debt is 6.3%, its preferred stock pays an annual di de $2.52 and is priced at S33. It has an equity beta of 1.11 Assume the risk-free rate is 1.6%, the market risk premium is 7% and A City's tax rate is 35%. What is its after-tax WACC? The WACC (Round to two decimal places.)