Homework: 11, P 16-17 0%, 0 of 20 Homework 13 points (Chapter 16) (similar to) Part 1 of 2 Points: Save Next question Rumolt Motors has 59 milion shares outstanding with a share price of $12 per share. In addition Rumolt has issued bonds with a total current market value of $198 million. Suppose Rumoll's equity cost of capital is 10%, and its debt cost of capital is 5%. a. What is Rumolt's pre-tax WACC? b. I Rumolt's corporate tax rate is 22%, what is its after-tax WACC? a. What is Rumolt's pre-tax WACC? Rumolt's pre-tex WACC in % (Round to two decimal places) Get more help Clear all Check answer MA ty S MacBook Air BO SP da 17 A 2 3 $ 4 ? % 5 6 & 7