Solution:-
After tax cost of debt = Cost of Debt * (1-tax)
After tax cost of debt = 0.08 * (1-0.30)
After tax cost of debt = 5.60%
To Calculate WACC-
WACC = Kd * Weight + Kps * Weight + Ke * Weight
WACC = 5.60% * 0.80 + 9% * 0.05 + 15% * 0.15
WACC = 4.48% + 0.45% + 2.25%
WACC = 7.18%
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