COWCOR COPR makes yummy cheeseburgers and fries. It has $1.6 million in debt outstanding, equity valued at $2.3 million, and pays corporate income tac at a 39% rate. Its cost f equity is 13% and its cost of debt is 5%.
A) What is COWCOW pre-tac WACC? _____% (Round to two decimal places)
B) What is COWCOW (effective after-tax) EACC? ____% (Round to two decimal places)