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Question Help Pld Company has debt with a yield to maturity of 6.3%, a cost of equity of 14.9%, and a cost of preferred stock

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Question Help Pld Company has debt with a yield to maturity of 6.3%, a cost of equity of 14.9%, and a cost of preferred stock of 10.1%. The market values of its debt, preferred stock, and equity are $12.6 million, $3.1 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. Pid's WACC is (%. (Round to two decimal places.)

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