I want to make sure I did the math correctly for Question $2.$ Question $2$ refers to Question $1.$

Question $1$

ABC Inc. borrows money at $9\%,$ sells bonds at $6\%,$ and the purchasers

of common stock require $13\%$ rate of return. If the company has

borrowed $$40$ million, sold $$60$ million in bonds, and sold $$100$ million

worth of common stocks, what is the Weighted Average Cost of Capital

$($WACC$)?$

Enter the answer as a percentage. For example $12\mathrm{.}34\%$ is $12\mathrm{.}34.$ Enter

$2$ decimal places. Do not enter the percentage symbol.

Question $2$

If the same company from the previous question used $6\%$ ROR for

loans, $8\%$ ROR for bonds, and $13\%$ ROR for stocks, and also used a

$50\%$ tax rate, what is the WACC?

Enter the answer as a percentage. For example $12\mathrm{.}34\%$ is $12\mathrm{.}34.$ Keep

$2$ decimal places and do not enter the $\%$ symbol.