At the end of 2Q2018 (June 2018) Tesla, Inc. (TSLA) had $3.9 billion in common equity, $11.6 billion in debt, and no preferred equity. Tesla Inc. had an estimated WACC of 7.55%, an estimated effective rate on debt of 5.85%, and you may assume a tax rate of 21%. Image that the Board of Directors had replaced CEO Elon Musk with you. How much return do your TSLA equity investors expect? 19.36 percent 420.00 percent 41.28 percent 16.24 percent 9.33 percent