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Sandy Beaches Corp. has debt outstanding that has a market value of $ 5 2 9 million with a yield to maturity of 5 .

Sandy Beaches Corp. has debt outstanding that has a market value of $529 million with a yield to maturity of 5.4%. The company's preferred stock has a market value of $125 million with a cost of preferred equity of 11% and the company's common stock has a market value of $750 million with a cost of common equity of 15.2%. The company has a tax rate of 21%. Answer Questions 24 and 25 based on this information.
Question 24: What is the company's WACC before applying the tax shield?
Question 25: What is the company's
WACC after applying the tax shield? PLEASE SOLVE USING THE EXCEL FUNCTIONS
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