Rumolt Motors has 56 million shares outstanding with a price of $50 per share. In addition, Rumolt has issued bonds with a total current market value of $1,917 million. Suppose Rumolt's equity cost of capital is 11%, and its debt cost of capital is 6%. a. What is Rumolt's pretax weighted average cost of capital? b. If Rumolt's corporate tax rate is 21%, what is its after-tax weighted average cost of capital? a. What is Rumolt's pretax weighted average cost of capital? Rumolt's pretax weighted average cost of capital is %. (Round to two decimal places.)