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Rogot Instruments makes fine violins and cellos. It has $1.4 million in debt outstanding, equity valued at $2.9 million, and pays corporate income tax at

Rogot Instruments makes fine violins and cellos. It has $1.4 million in debt outstanding, equity valued at $2.9 million, and pays corporate income tax at rate 39%. Its cost of equity is 11% and its cost of debt is 8%.

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

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

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