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Rumolt Motors has 5 4 million shares outstanding with a share price of $ 2 7 per share. In addition, Rumolt has issued bonds with

Rumolt Motors has 54 million shares outstanding with a share price of $27 per share. In addition, Rumolt has issued
bonds with a total current market value of $417 million. Suppose Rumolt's equity cost of capital is 9%, and its debt cost
of capital is 5%.
a. What is Rumolt's pre-tax WACC?
b. If Rumolt's corporate tax rate is 25%, what is its after-tax WACC?
a. What is Rumolt's pre-tax WACC?
Rumolt's pre-tax WACC is
%.(Round to two decimal places.)
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