(b) The capital structure of Mubeen Berhad and Mydeen Berhad are at the same level of value. Mubeen Berhad has RM2,000,000 debt with 5 percent interest charge, while Mydeen Berhad is totally financed by equity with a cost of capital 18 percent. Recently, Mydeen Berhad earned RM1,500,000 profit before interest and tax. Determine Weighted Average Cost of Capital (WACC) for Mubeen Berhad by using MM theory proposition II if the tax rate is 35 percent. (10 marks)