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a Rumolt Motors has 32 million shares outstanding with a share price of $25 per share. In addition, Rurnolt has issued bonds with a total

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a Rumolt Motors has 32 million shares outstanding with a share price of $25 per share. In addition, Rurnolt has issued bonds with a total current market value of $263 million. Suppose Rumolt's equity cost of capital is 15%, and its debt cost of capital is 10% a. What is Rumolt's pre-tax WACC? b. Rumolt's corporate tax rate is 22%, what is its after-tax WACC? a. What is Rumolt's pre-tax WACC? Rumoll's pro-tax WACC is % (Round to two decimal places) 313 101 ope 169- 365- 22

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