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Please answer all parts Please show all work including charts where required. Please just try to answer the question completely and accurately. 7. Calculate the

Please answer all parts

Please show all work including charts where required.

Please just try to answer the question completely and accurately.

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7. Calculate the WACC for the following. Franco's Manufacturing, which has no preferred stock, has a target debt-to-equity ratio of 0.45. Its cost of equity is 16% and its cost of debt is 12%. The tax rate is 40%, what is the after-tax WACC? (Assume Franco's does not have preferred stock.)

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