Nodebt, Inc., has zero debt (wd = 0). It is considering restructuring to increase its percentage of debt to wd = 25%. Its beta is 1.2, the risk-free rate is 5%, the market risk premium is 7%, and if it restructures, the required return on its debt will be 10%. Nodebt's tax rate is 25%.

A. Using the Hamada equation, calculate Nodebt's required return on equity after the recapitalization. Do not round intermediate calculations. Round your answer to two decimal places. %

B. Using the MM model with corporate taxes (Equation 17-16) calculate Nodebt's required return on equity. Do not round intermediate calculations. Round your answer to two decimal places. %

C. Using the APV model, calculate Nodebt's required return on equity. Do not round intermediate calculations. Round your answer to two decimal places. %

THANK YOU!