Adjusted WACC. Lewis runs an outdoor adventure company and wants to know what effect a tax change will have on his company's WACC. Currently, Lewis has the following financing pattern: Equity: 33% and cost of 17.48% Preferred stock: 14% and cost of 11.47% Debt: 53% and cost of 9.1% before taxes What is the adjusted WACC for Lewis if the tax rate is a. 35% ? What is the adjusted WACC for Lewis if the tax rate is 35% ? % (Round to two decimal places.)