Question 2 of 12 0/1 View Policies Show Attempt History Current Attempt in Progress Your answer is incorrect. Ivanhoe Luxury Liners has preferred shares outstanding that pay an annual dividend equal to $17 per year. If the current price of Ivanhoe preferred shares is $130.77, what is the after-tax cost of preferred stock for Ivanhoe? After-tax cost of preferred stock %6 e Textbook and Media Save for Later y Question 3 of 12 View Policies Current Attempt in Progress Pharoah Cotas a capital structure, based on current market values that can of 30 percent 5 percent preferred stock, and 65 percent common stock. If the returns required by investorane 12 percent, 13 percent, and 15 percent for the debt preferred stock, and common stock, respective what is Pharoah's after-tax WACC? Assume that the firm's marginal tax rate is 40 percent. Round in answer to 2 decimal places, s 15.25%) Feedback After tax WACC Artigo 3d Submit A