PART F (10 points). 1. Spotify's capital structure features 65 percent equity, 35 percent debt, and that its before-tax cost of debt is 8 percent, while its cost of equity is 13 percent. If the appropriate weighted average tax rate is 21 percent, what will be Spotify's WACC? 2. Costco has a capital structure of 78 percent equity, 22 percent debt, and that its before- tax cost of debt is 11 percent while its cost of equity is 15 percent. If the appropriate weighted average tax rate is 21 percent, what will be Costco's WACC