Colt Manufacturing has two divisions: 1) pistols, and 2) rifles. Betas for the two divisions have been determined to be beta (pistol) =0.8 and beta (rifle)-1.4. The current risk free rate of return is 5%, and the expected market rate of return is 129 The after a costo de or o is The 1st div sions in ancia proportions are 42.5% debt and 57.5% equity, and the rifle divisions are 52.5% debt and 47.5% equity a. What is the pistol division's WACC? b. What is the rifle division's WACC? a. What is the pistol division's WACC? (Round to two decimal places.)