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Acme Storage has a market capitalization of $177 million, and debt outstanding of $94 million. Acme plans to maintain this same debt-equity ratio in the

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Acme Storage has a market capitalization of $177 million, and debt outstanding of $94 million. Acme plans to maintain this same debt-equity ratio in the future. The firm pays an interest of 7.4% on its debt and has a corporate tax rate of 21%. a. If Acme's free cash flow is expected to be $18.97 million next year and is expected to grow at a rate of 2% per year, what is Acme's WACC? b. What is the value of Acme's interest tax shield? a. Il Acme's free cash flow is expected to be $18.97 millon next year and is expected to grow at a rate of 2% per year, what is Acme's WACC? The WACC is % (Round to the nearest Integer.)

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