Pld Company has debt with a yield to maturity of 7.1%, a cost of equity of 15.4%, and a cost of preferred stock of 9.3% The market values of its debt, preferred stock, and equity are $14.2 million, $2.9 million, and $14.6 million, respectively, and its tax rate is 40%. What is this firm's after-tax WACC? Note Assume that the firm will always be able to utilize its full interest tax shield GEES Pid's WACC is% (Round to two decimal places.)