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Rogot Instruments makes fine violins and cellos. It has $1.2 million in debt outstanding, equity valued at $3.9 million, and pays corporate income tax at

Rogot Instruments makes fine violins and cellos. It has $1.2 million in debt outstanding, equity valued at $3.9 million, and pays corporate income tax at rate 22%. Its cost of equity is 14% and its cost of debt is 7%.

a. What is Rogot's pre-tax WACC?

b. What is Rogot's (effective after-tax) WACC?

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