is 5%. Using the CAPM, Forever estimates that its cost of equity is currently 12%. The company has a 40% tax rate. a. What is Forever's current WACC? Round your answer to two decimal places. % b. What is the current beta on Forever's common stock? Round your answer to two decimal places. 9.5\%. The proposed change will have no effect on the company's tax rate. % e. What would be the company's new WACC if it adopted the proposed change in capital structure? Do not round intermediate calculations. Round your answer to two decimal places. % f. Based on your answer to part e, would you advise Forever to adopt the proposed change in capital structure