(15 Points) 4. Given the after-tax cost of new FDX 30-year bonds calculated in the previous problem and that ZACKS reports FDX's debt/equity ratio is 0.8451, which converts to its current market value capital structure of is 45.8% debt (Debt/Total Asset ratio is 45.8%) and 54.2% equity, (Equity/Total Asset ratio is 54.2%). What is the weighted average cost of capital (WACC) for FDX given the cost of debt and equity capital calculated above? FDX has no preferred stock. Remember: WACC = wa *(before tax cost of debt)*(1-tax rate) + ws *cost of equity WACC = (15 Points) 4. Given the after-tax cost of new FDX 30-year bonds calculated in the previous problem and that ZACKS reports FDX's debt/equity ratio is 0.8451, which converts to its current market value capital structure of is 45.8% debt (Debt/Total Asset ratio is 45.8%) and 54.2% equity, (Equity/Total Asset ratio is 54.2%). What is the weighted average cost of capital (WACC) for FDX given the cost of debt and equity capital calculated above? FDX has no preferred stock. Remember: WACC = wa *(before tax cost of debt)*(1-tax rate) + ws *cost of equity WACC =