Your company has two divisions: One division sells sofware and the other division solls computers though a direct sales channel, primarily taking orders over the infernet. You have decided that. Hewlett Packard is very simiar to your conputer division, in lerms of both risk and financing. You go onine and find the following information: Hewlett Pockart's bele is 124 , the tisk free rale is 4.35, ts market value of equity is 565.5 billon, and it hiss $706 milion worth of debt with a yeld to maturity of 6.3%. Your tax rate is 21% and you use a market risk premium of 5.1% in your wacch estimates. a. What is an estimate of the WACC for your compuler sales division? b. If your overal company WACC is 12.4% and the computor sales division represents 43% of the value of your fimm, what is an estimate of the WhCC for your software division? Note Assume that the frem will atways be able to utiliee its ful interest tax shield. a. What is an estrmale of the WACC for your computer sales division? The weighled average cost cagear for your comever sales division is is. (Rcound to two decimal places.)