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Calculate WACC given the following information (BT means before tax): Interest Subsidy Tax Rate is 40% BTKd=6%kp=10%ka=13% Total assets =$2,000,000 Total debt =1,000,000 Total preferred

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Calculate WACC given the following information (BT means before tax): Interest Subsidy Tax Rate is 40% BTKd=6%kp=10%ka=13% Total assets =$2,000,000 Total debt =1,000,000 Total preferred stock =100,000 Total common stock =900,000 Put the answer in whole percentage and not as a decimal. For example, if the answer is 7.65%, enter 7.65, not .0765

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