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Rumolt Motors has 75 million shares outstanding with a share price of $19 per share in addition, Rumolt has issued bonds with a total current

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Rumolt Motors has 75 million shares outstanding with a share price of $19 per share in addition, Rumolt has issued bonds with a total current market value of $990 million Suppose Rumolt's equity cost of capital is 12%, and its debt cost of capital is 9% a. What is Rumolt's pre tax WACC? b. If Rumolt's corporate tax rate is 40%, what is its after tax WACC? a. What is Rumolt's pre tax WACC? Rumolt's pre tax WACCS - (Round to two decimal places)

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