n to use the book value of debt and the market value of equity li is comrmo to determine the weights for debt and equity in the WACC calculation. What is the WACC for this firm assuming a 35% tax rate? Long-term debt outstanding: Current yield to maturity (rsebl: Number of shares of common stock: Price per share: Book value per share: Expected rate of return on stock qu $300,000 8% 10,000 $50 $25 15%