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Rumolt Motors has 65 shares outstanding with a share price of $54 per share. In addition, Rumolt has issued bonds with a total current market

Rumolt Motors has 65 shares outstanding with a share price of $54 per share. In addition, Rumolt has issued bonds with a total current market value of $2,463 million. Suppose Rumolt's equity cost of capital is 15%, and its debt cost of capital is 11%
A. What is pre-tax WACC?
B. Rumolt's corporate tax rate is 35%, what is its after-tax WACC?

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