Adjusted WACC. Clark Explorers, Inc., an engineering firm, has the following capital structure: . 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% - Data table Debt a. What is the market value adjusted WACC for Clark Explorers at a tax rate of 35%? Click on the Icon O in order to copy its content into a spreadsheet. Equity Preferred Stock Market Price $113.81 $151.07 Outstanding units 116,000 9,000 Book value $3,264,000 $1,449,000 Cost of capital 17.16% 11.38% $944.65 5,294 $5,294,000 9.7% % (Round to two decimal places.) Print Done