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OcuPal is a firm that has two divisions: One division (Palantir) sells SaaS (software as a service) products and the other division (Anduril) sells hardware

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OcuPal is a firm that has two divisions: One division (Palantir) sells SaaS (software as a service) products and the other division (Anduril) sells hardware to government clients. You have decided that Raytheon is a firm that is very similar to OcuPal's hardware division in terms of both risk exposure and capital structure. You have found the following information about Raytheon online: Raytheon's beta is 0.77, the risk-free rate is 5.40%, its market value of equity is $21.1 billion, and it has $908.3 million worth of debt that currently trades with a YTM of 6.40%. The corporate tax rate is 40.0% and the return on the market portfolio is 14.50%. 1) Given the above information, what is the WACC of OcuPal's hardware division (Anduril)? % (Round this answer to 2 decimal places, but use the unrounded answer if any subsequent calculations that require it) 2) If OcuPal's overall company WACC is 15.88% and the Anduril division represents 61.00% of the firm's total value, then what should be the WACC for the Palir Saas division? (Round your answer to 2 decimal places)

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