H&D is a U.S. multinational company with the following debt and equity components in its consolidated capital section. The company's cost of equity is 18% (Note that company has debt in two different currencies) Assumptions Value Tax Rate 30.00% Debt-1: Euro8,000,000, 10-year 6% coupon Euro Bonds issued in Euros selling at par Debt-2: Pound 4,000,000 20 year 8% coupon Pound denominated Bonds selling at par Spot Rate EUR/USD 1.15 1 year Forward Rate EUR/USD 1.25 Spot Rate GBP/USD 1.75 1 Year Forward Rate GBP/USD 1.65 Common Stock $40,000,000 Retained Earnings $5,000,000 a. what is the present value for 10 year bond? b. What is the WACC for the H&D Company?