PRINTER VERSION BACK NEXT Problem 13.11 (Solution Video) Sheridan Co. has a capital structure, based on current market values, that consists of 50 percent debt, 10 percent preferred stock, and 40 percent common stock. If the returns required by investors are 9 percent, 11 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.g. 15.259.) After tax WACC Click if you would like to Show Work for this question: Open Show Work