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: 35% and cost of 14.00% Preferred stock 15% and cost of 11.00% Debt: 50% and cost of 10.0% before taxes What is the adjusted WACC for Lewis if the tax rate is a. 40% ? b. 30% ? c. 20% ? d. 10% ? e. 0% ? a. What is the adjusted WACC for Lewis if the tax rate is 40% ? \% (Round to two decimal places)