What is its ?after-tax wacc

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AllCity, Inc., is financed 42 % with? debt, 5 % with preferred? stock, and 53 % with common stock. Its cost of debt is 5.9 % its preferred stock pays an annual dividend of $ 2.52 and is priced at $29. It has an equity beta of 1.18 Assume the? risk-free rate is 2.1 % the market risk premium is 6.8 % and? AllCity's tax rate is 35%

What is its ?after-tax WACC?

Reference no: EM132204026

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