This is the last question of this problem, instead of looking for the Clack Explorer tax rate of 5%, it will be 10%.

Adjusted WACC. Clark Explorers, Inc., an engineering firm, has the following capital structure: E Using market value and book value (separately, of course), find the adjusted WACC for Clark Explorers at the following tax rates: a. 35% b. 25% c. 15% d. 10% a. What is the market value adjusted WACC for Clark Explorers at a tax rate of 35%? % (Round to two decimal places.) Preferred Stock Debt Market Price Outstanding units Book value Cost of capital Equity $41.25 112,000 $2,504,000 15.78% $114.56 10,000 $1,155,000 9.77% $1076.34 6,816 $6,816,000 8.6% What is the book value adjusted WACC for Clark Explorers at a tax rate of 5%? 23 % (Round to two decimal places.)