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? Uno Berhad and Lolipop Berhad are identical in every respect except that Uno is unlevered while Lolipop is levered. Lolipop has RM 24 million

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? Uno Berhad and Lolipop Berhad are identical in every respect except that Uno is unlevered while Lolipop is levered. Lolipop has RM 24 million of 5 percent debentures outstanding. Assume that all the Modigliani and Miller (MM) assumptions are met, the tax rate is 28 percent, EBIT is RM 6 million and equity capitalization for Uno is 12 percent. Calculate WACC for Lolipop Berhad if with tax and without tax. (Show your calculation)

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