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Question 7 O out of 1 points Company 371's corporate tax rate is 34.8% and its current equity cost of capital is 4.6%. Company 371's
Question 7 O out of 1 points Company 371's corporate tax rate is 34.8% and its current equity cost of capital is 4.6%. Company 371's debt holders require a return of 2.1% (which corresponds to Company 371's pre-tax cost of debt), and its debt-to-equity ratio is 1.4. What is Company 371's after-tax WACC? (In percent and rounded to two decimals)
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