1. Megaburger's capital structure is 60 percent equity and 40 percent debt. Its cost of equity is 14.85, its cost of debt is 8.12, and its marginal tax rate is 32.44 percent. What is its WACC? Enter your answer in percent, rounded to the nearest 0.01 percent.

2. "What is the impact on Earnings Per Share (EPS) if a company with an EPS of $5 buys back 10% of its shares, assuming net income remains constant?"

(a) Increase by $0.50

(b) Increase by $0.56

(c) Decrease by $0.50

(d) Decrease by $0.56

(e) None of the above/cannot be determined