suppose your firm has decided to use a divisional wacc approach to analyze projects. The firm currently has four divisions, A through D, with average betas for each division of 0.9, 1.1, 1.3, and 1.5 respectively. Assume that all future projects will be financed with 25 percent debt and 75 percent equity, the current cost of equity (based on an averager firm beta of 1.2 and a current risk-free rate of 4 percent) is 12 percent and the after-tax yield of the company's bond is 9 percent.