1. Suppose we want to calculate the WACC for CAT in 2019. Knowing the equity value is $93,283 M, what is the weight for the cost of debt? (Please review Lecture 5 and HW3if needed)

   	a.	22.28%
   	b.	29.10%
   	c.	16.52%
   	d.	24.34%

5 points

QUESTION 8

Based on the Income statement, what is the average tax rate of CAT in the past THREE years?

[Note] In an adjusted income statement, the Profit before tax is Pretax Income (Loss), GAAP

	a.	41.95%
	b.	25.49%
	c.	58.12%
	d.	33.37%

Hint Suppose we WACCATIS 2019 withe33.209 M with Weight for the cost of 2. Based on the home what is the wenge te of CATIA ated income before this prut income LOS GAAP Hint Suppose we WACCATIS 2019 withe33.209 M with Weight for the cost of 2. Based on the home what is the wenge te of CATIA ated income before this prut income LOS GAAP