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Rogot Instruments makes fine violins, violas, and cellos. It has $1.2 million in debt outstanding, equity valued at $2.9 million, and pays corporate income tax

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Rogot Instruments makes fine violins, violas, and cellos. It has $1.2 million in debt outstanding, equity valued at $2.9 million, and pays corporate income tax at rate 23%. Its cost of equity is 14% and its cost of debt is 5%. a. What is Rogot's pre-tax WACC? b. What is Rogot's (effective after-tax) WACC? a. What is Rogot's pre-tax WACC? Rogot's pre-tax WACC is %. (Round to two decimal places.) b. What is Rogot's (effective after-tax) WACC? Rogot's (effective after-tax) WACC is \%. (Round to two decimal places.)

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