Question 22 10 pts Number outstanding= n = Po = Stock Price = $48.00 31,000 Number Outstanding= 1,000 Bond Price = $925.00 YTM = 7.0% RM = 10.0% Rp = 3.0% BL = 1.5 Tax = 25% What is the WACC after tax? (Please answer in decimal points, e.g., 0.1595 not 15.95%) rs = rf + b[ X (Rm -rf) WACC = Waxrax (1 - T) + W, xr's Question 23 5 pts Michigan, Inc. E = $200,000 D = $50,000 Current levered Beta BL = 1.20, Taxes = 25% What is the unlevered beta at this capital structure? BU - BL+ [1 +(1 - T) x (D/E)