Question: please show your work Question 14 (1 point) Retake question All City, Inc., is financed 36% with debt and 64% with common stock. Its cost

please show your work

Question 14 (1 point) Retake question All City, Inc., is financed 36% with debt and 64% with common stock. Its cost of debt (before tax ) is 6.3%. It has an equity beta of 1.6. Assume the risk-free rate is 4.1%, the market risk premium is 5.8%, and AllCity's tax rate is 35%. What is its weighted average cost of capital? Enter your answer as a decimal, rounded to 4 decimal places. Your

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