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: 31% and cost of 21.48% Preferred stock: 22% and cost of 15.76%* Debt: 47% and cost of 13.3% before taxes What is the adjusted WACC for Lewis if the tax rate is a. 40%? b. 25%? c. 20%? d. 5%? e. 0%?

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 31% and cost of 21.48% Preferred stock 22% and cost of 15.76%. Debt. 47% and cost of 13.3% before taxes What is the adjusted WACC for Lewis if the tax rate is a. 40% ? b. 25% ? c. 20% ? d. 5% ? e. 0%