Adjusted WACC. Clark Explorers, Inc., an engineering firm, has the following capital structure: 1. Using market value and book value (separately, of course), find the adjusted WACC for Clark Explorers at the following tax rates: a. 35% b. 25% c. 20% d. 5% a. What is the market value adjusted WACC for Clark Explorers at a tax rate of 35%? % (Round to two decimal places.) What is the book value adjusted WACC for Clark Explorers at a tax rate of 35%? % (Round to two decimal places.) b. What is the market value adjusted WACC for Clark Explorers at a tax rate of 25%? % (Round to two decimal places.) What is the book value adjusted WACC for Clark Explorers at a tax rate of 25%? % (Round to two decimal places.) c. What is the market value adjusted WACC for Clark Explorers at a tax rate of 20%? % (Round to two decimal places.) What is the book value adjusted WACC for Clark Explorers at a tax rate of 20%? % (Round to two decimal places.) d. What is the market value adjusted WACC for Clark Explorers at a tax rate of 5%? % (Round to two decimal places.) What is the book value adjusted WACC for Clark Explorers at a tax rate of 5%? % (Round to two decimal places.) 1: Data Table Click on the Icon in order to copy its content into a spreadsheet. Debt Market Price Outstanding units Book value Cost of capital Equity $81.27 119,000 $3,130,000 19.26% Preferred Stock $138.22 9,000 $1,319,000 13.24% $961.82 5,013 $5,013,000 10.1%