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Universal Foods hos a dehr wo-volie rotio of 46% its debt is cumently seling an a yiold of 8% and its cost of equity is

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Universal Foods hos a dehr wo-volie rotio of 46% its debt is cumently seling an a yiold of 8% and its cost of equity is 122 The corporrte tax rate is 10%. The company is now evaluating a new wenture iato barne computer systens the internal rate of coturn on a. What a thiversars whacc? Noter Do not round intermediate caiculations. Enter your answer as a percent rounded to 2 decimat places. b. Wil Universal moke the conect decision if it discourts cesh flows on the proposed venture at ehe firm's WAcC

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