Adjusted WACC. Clark Explorers Inc., an engineering firm has the following capital structure:

	Equity	Preferred Stock	Debt
Market Price	$85.63	$259.55	$966.45
Outstanding units	131,000	5,000	5,575
Book value	$2,900,000	$1,239,000	$5,575,000
Cost of capital	17.68%	14.07%	10.9%

Using market value and book value (separately, of course), find the adjusted WACC for Clark Explorers at the following tax rates:

1. 35%

2. 25%

3. 15%

4. 10%

What is the market value adjusted WACC for Clark Explorers at a tax rate of 35%__% (Round to two decimal places.)

What is the book value adjusted WACC for Clark Explorers at a tax rate of 35% __% (Round to two decimal places.)

What is the market value adjusted WACC for Clark Explorers at a tax rate of 25%__% (Round to two decimal places.)

What is the book value adjusted WACC for Clark Explorers at a tax rate of 25% __% (Round to two decimal places.)

What is the market value adjusted WACC for Clark Explorers at a tax rate of 15%__% (Round to two decimal places.)

What is the book value adjusted WACC for Clark Explorers at a tax rate of 15% __% (Round to two decimal places.)

What is the market value adjusted WACC for Clark Explorers at a tax rate of 10%__% (Round to two decimal places.)

What is the book value adjusted WACC for Clark Explorers at a tax rate of 10% __% (Round to two decimal places.)