Lewis runs an outdoor adventure company and wants to know what effect a tax change will have on his company's WACC. . Currently, Lewis has the following financing pattern:

Equity:34% and cost of 14.74%

Preferred stock:17% and cost of 12.22%

Debt:49% and cost of 10.9% before taxes

What is the adjusted WACC for Lewis if the tax rate is

a.35%?

b.25%?

c.15%?

d.5%?

e.0%?

a.What is the adjusted WACC for Lewis if the tax rate is 35%?

b. What is the adjusted WACC for Lewis if the tax rate is 25%

c What is the adjusted WACC for Lewis if the tax rate is 15%

d What is the adjusted WACC for Lewis if the tax rate is 5%

e What is the adjusted WACC for Lewis if the tax rate is 0%