Ninecent Xorporation has a target capital structure of 60 percent common stock, 5 percent preferred stock, and 35 percent debt. Its cost of equity is 11 percent, the cost of preferred stock is 5 perxent, and the pretax cost of debt is 6 percent. The relevant tax rate is 23 percent.

What is the Comapnys WA?

What is the aftertax cost of debt?