Your company has two divielont: One division sels sotware and the oher division sels computers treough a direct sales channel, primarity taking ceders over the intemet You have deeded fha: Hewlet Packard is very simlar to your computer divaion, in terms of both risk and financing. You go online and find the folowing informason. Hewlet Packads beta is 1.24 , the risk-tee rase is 4.7%, is market value of equity is $66.1 belion, and it has $695 millon worth of debl with a yeld to matirfy of 6.4% Your tax me is 22% and you use a market risk premiym of 56% in your WACC estimatos. a. What is an estimate of the WACC for your compuler sales Givision? b. If your overall compary WACC is 11% and the computer sales division represents 35% of the vale of your firm, what is an estmase of the WACC lor your sothare divion? Note: Assume that the firm will always be able to uticte it full intereat tax shield. a. What is an estimate of the Wacc for your computer sales division? The weighted average cost of cagial for your computer sales ention is K. (Round to two desimal places)