JO a small manufacturing company based in Perth with annual revenue of less than $10,000,000. The company produces USB drive for local markets. JO announced a plan at its recent annual general meeting to produce external hard disk as a new product line. This requires an investment of $4,000,000 which the company plan to borrow from a bank at an annual interest of 5%. The following notes are related to JO capital structure and the new proposed investment. The company's total equity is $11,000,000 which is entirely made of ordinary shares which carries 10% annual dividend. JO currently has no other debts. In the light of additional debt, the investors revise their required rate of return to 12%. How much is the current tax rate JO is subject to? a. %. Case sensitive: Type in 30.00 for 30.00%. See Australian Tax OfficeLinks to an external site. for the correct rate. Fill in the blanks in the table below to calculate JO's WACC if the new product line is introduced. $ (in millions, e.g., 5.00 for 5 million) Weight in % (e.g., 2.00 for 2%) Pre-tax cost of capital in % (e.g., 3.00 for 3%) after-tax cost of capital % (e.g., 4.00 for 4% after tax weighted cost of capital in % (e.g., 6.00 for 6%) Debt b. $ e. 5.00 g. i. Ordinary shares c. $ f. h. j. Total d. $ 100.00 k. WACC = Case sensitive: Where appropriate, type in 21.00 for 21.00%, or 2,000,000 for $2,000,000.12 (rounded to the nearest dollar). Flag question: Question 3 Question 34 pts Lancelin Manufacturing has a target debt-to-equity ratio of .35. It only has ordinary share for its equity. Its cost of equity is 12 percent, and its pre-tax cost of debt is 6 percent. The tax rate is 30 percent. If Lancelin's total equity is $2,500,000, how much is the company's target total liabilities ? $ . Case sensitive: Input 200,000 for $200,000.12 (round up to the nearest dollar). How much is after-tax cost of equity? %. Case sensitive: Input 20.00 for 20.00%. How much is the after-tax cost of debt? %. Case sensitive: Input 20.00 for 20.00%. What is the companys WACC? %. Case sensitive: Input 20.00 for 20.00%.