Zaman Pharmaceuticals cost of debt is 9%. The riskfree rate of interest is 5%. The expected return on the market portfolio is 8%. After effective taxes, Zamans effective tax rate is 30%. Its optimal capital structure is 60% debt and 40% equity. (3+2= 5marks) a. If Zamans beta is estimated at 1.3, what is its weighted average cost of capital? b. If Zamans beta is estimated at 0.7, significantly lower because of the continuing profit prospects in the global energy sector, what is its weighted average cost of capital