Crane Co. has a capital structure, based on current market values, that consists of 25 percent debt, 11 percent preferred stock, and 64 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 Crane's after-tax WACC? Assume that the firm's marginal tax rate is 28 percent. (Do not round intermediate calculations. Round answer to 1 decimal place, e.g. 15.2%.) After tax WACC %

Crane Co. has a capital structure, based on current market values, that consists of 25 percent debt, 11 percent preferred stock, and 64 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 Crane's after-tax WACC? Assume that the firm's marginal tax rate is 28 percent. (Do not round intermediate calculations. Round answer to 1 decimal place, es. 15.2\%) After tax WACC \% Crane Co. has a capital structure, based on current market values, that consists of 25 percent debt. 11 percent preferred stock, and 64 percent common stock. If the returns required by investors are B percent, 10 percent, and 15 percent for the debt, preferred stock. and common stock, respectively, what is Crane's after-tax WACC? Assume that the firrn's marginal tax rate is 28 percent. (Do not round intermediate calculations. Round answer to 1 decimal place, eg. 15.2\%) After tax WACC \%