Question 8 O / 2 points Calculate the after-taxes weighted average cost of capital for your company if the effective tax rate is 39.4%. The before-tax cost of long-term debt comes from two bank loans; the first one was for $85,000 at 8.6% nominal and the second was for $24,000 at 10.2% nominal compounded monthly. The firm also has common shares outstanding valued at $180,000 expecting a return of 15.1% this year. Answer: 24.43 X (11.48)