2. Your company has the debt to equity breakdown below. The cost of the debt is 4% and the cost of the equity is 11%. What is your company's Weighted Average Cost of Capital (WACC)? EQUITY Debt COST OF CAPITAL PROPORTION OF TOTAL ASSETS 11% .50 4% .50 Please use the short formula below for WACC. WACC [%Debt (Cost of Debt)] + [%Equity (Cost of Equity)] b. Within your company above, the Recruiting Division has $1,200,000 in total assets, which is the total capital employed by this division. The tax rate is 20% and the Earnings Before Interest and Tax (EBIT) of Recruiting is $100,000. What is the Economic Value Added (EVA) for the Recruiting Division? I