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PrimaCare has a capital structure that consists of RM7 million of debt, RM2 million of preferred stock, and RM11 million of common equity, based upon

PrimaCare has a capital structure that consists of RM7 million of debt, RM2 million of preferred stock, and RM11 million of common equity, based upon current market values. The firm's yield to maturity on its bonds is 7.4%, and investors require an 8% return on the firm's preferred and a 14% return on PrimaCare's common stock. The tax rate is 24%.

19) The before tax wacc is ___%. (2 decimals)

20) The after tax wacc is ____%. (2 decimals)

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