a beta of $1\mathrm{.}79.$ Currently, the expected return on the market portfolio and risk$-$free rate are, $6\mathrm{.}10\%$ and $0\mathrm{.}47\%,$ respectively.

a$.$ Calculate the market value weights for Carnival's capital structure.

b$.$ Calculate Carnival's cost of equity using the CAPM.

c$.$ Calculate Carnival's before$-$tax cost of debt.

d$.$ Calculate Carnival's current WACC using a $21\%$ corporate tax rate.

a$.$ The market value weight of long$-$term debt in Carnival's capital structure is $42\mathrm{.}82\%.($Round to two decimal places.$)$

The market value weight of common stock equity in Carnival's capital structure is $\%.($Round to two decimal places.$)$