Indian gaming company has 10 million shares outstanding, trading now at INR 25 per share. The firm has estimated the expected rate of return to shareholders at 8% ? It also has issued INR 200 million of long-term bonds at an interest rate of 7%. It pays tax at rate of 35%. 1) what is the after tax WACC of firm? 2) What is the percentage value of tax shield in the overall value of Indian gaming company?