(15 points) 7. You are trying to estimate the WACC for a company that you are valuing. You know that the industry s cost of equity is% e The industry uses 80% equity and 20% debt on average in its capital structure. The industry has a cost of debt of 5.5% and has a tax rate of 34%. Your company has a capital structure that consists of 55% equity 7,7 and 45% debt. Your cost of debt is 6.2% and you have a tax rate of 40%. What is your WACC? ,270