F r o m t h e f o l l o w i n g i n f o r m a t i o n d e t e r m i n e t h e a p p r o p r i a t e WAC C r e l e v a n t f o r evaluating Long-term Investment projects of the company: Cost of Equity 14% After tax Cost of L-T debt 8% After tax cost of S-T debt 5% Source of Capital Market Value Equity B. 6, 0 L-T debt Rs. 7,25,000 S-T debt 10:0,0 10.0.0 b) Explain hte etrm weighted average cost of capital? Wyh od firms calculate hte cost of capital