--/1 Question 5 View Policies Current Attempt in Progress Sheridan Co. has a capital structure, based on current market values, that consists of 45 percent debt, 6 percent preferred stock, and 49 percent common stock. If the returns required by investors are 8 percent, 10 percent, and 15 percent for the debt, preferred stock, and common stock, respectively, what is Sheridan's after-tax WACC? Assume that the firm's marginal tax rate is 40 percent. (Round final answer to 2 decimal places, e-8. 15.25%) After tax WACC e Textbook and Media Attempts: 0 of 3 used Save for Later Submit Answer Send to Gradebook Next Previous