Chapter 16 - Review Problems (G... i 2 20 points eBook *** Hint O References Saved a. Cost of equity b. Unlevered cost of equity c-1. Cost of equity c-2. Cost of equity c-3. Cost of equity Help Save & Exit Submit Problem 16-12 Calculating WACC Solar Industries has a debt-equity ratio of 7. Its WACC is 9.3 percent, and its cost of debt is 6.4 percent. The corporate tax rate is 24 percent. % % % % % Check my work a. What is the company's cost of equity capital? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. What is the company's unlevered cost of equity capital? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) c-1. What would the cost of equity be if the debt-equity ratio were 2? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) c-2. What would the cost of equity be if the debt-equity ratio were 1.0? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) c-3. What would the cost of equity be if the debt-equity ratio were zero? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)