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5. Assume the following capital structure characteristics for INEEDTAGITBIG Corporation: $700 Million Debt; $100 million Preferred Stock; and $800 Million Common Equity; rd = required return on debt = 6.50% T = Corporate Tax Rate = 25% rps = Required Return on Preferred Stock = 5.75% rs = Required Return on Common Stock = 13% a. What is the WACC for INEEDTAGITBIG Corp.? b. If the corporate tax rate increases to 35%, then how does the WACC Change