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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

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: 42% and cost of 17.09%Preferred stock: 13% and cost of 11.74% Debt: 45% and cost of 9.8% before taxesWhat is the adjusted WACC for Lewis if the tax rate is a.40%? b.30%?C.20%? d.5%? e.0%?

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