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Pla Company has debt with a yield to maturity of 78% a cost of equity of 14,6%, and a cost of preferred stock of 10,4%.

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Pla Company has debt with a yield to maturity of 78% a cost of equity of 14,6%, and a cost of preferred stock of 10,4%. The market values of its debt, preferred stock, and equity are $11,1 million, $2.9 milion, and $13.9 million, respectively, and its tax rate is 25%. What is this firm's after-tax WACC? Note: Assume that the firm will always be able to utilize its full interest tax shield Pid's WACC 1% (Round to two decimal places) AllCity, Inc., is financed 40% with debt, 10% with preferred stock and 50% with common stock. Its pretax cost of debt is 6%, its preferred stock pays an annual dividend of $2.50 and is priced at $30. It has an equity bota of 1.1. Assume the risk-free rate is 2%, the market risk premium is 7% and AllCity's tax rate is 25%. What is its after-tax WACC? Note: Assume that the firm will always be able to utilize its full interest tax shield The WACC is % (Round to two decimal places.)

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