Question: With specific process, not excel Your company is financed 30% with riskless debt with a yield of 6% and 70% with equity with a cost

With specific process, not excel
Your company is financed 30% with riskless debt with a yield of 6% and 70% with equity with a cost of 14%. The corporate tax rate is 35%. a. What is the company's WACC at its existing capital structure?(5 points) b. What would be the new WACC if it changes to being 40% debt financed? (5 points)
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