LW Foundations of Fin Chanel Lacole Waters & 10/01/20 8:35 PM dew eme Homework: Homework IV Save 2 Score: 0 of 1 pt 12 of 25 (13 complete) HW Score: 42%, 10.5 of 25 pts Inb Question Help P 13-15 (similar to) Dra Ard AllCity, Inc., is financed 41% with debt, 5% with preferred stock, and 54% with common stock. Its cost of debt is 6%, its preferred stock pays an annual dividend of $2.53 and is priced at See $30. It has an equity beta of 1.17. Assume the risk-free rate is 1.6%, the market risk premium is 7.3% and AllCity's tax rate is 35%. What is its after-tax WACC? Note: Assume that the firm will always be able to utilize its full interest tax shield Gra 1 Del The WACC I)%. (Round to two decimal places.) Clu Cor art Fol Enter your answer in the answer box and then click Check Answer Check Answer Clear All parts showing Items: 180 aty