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Acme Storage has a market capitalization of $ 2 2 5 million and debt outstanding of $ 1 3 5 million. Acme plans to maintain

Acme Storage has a market capitalization of $225 million and debt outstanding of $135 million. Acme plans to maintain this same debt-equity ratio in the future. The firm pays an interest of 7.6% on its debt and has a corporate tax rate of 30%.
a. If Acme's free cash flow is expected to be $18.00 million next year and is expected to grow at a rate of 4% per year, what is Acme's WACC?
b. What is the value of Acme's interest tax shield?
a. If Acme's free cash flow is expected to be $18.00 million next year and is expected to grow at a rate of 4% per year, what is Acme's WACC?
The WACC is
%.(Round to the nearest integer.)
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