Question: Please make sure the answer is correct and explain how you got them, thanks! Kendoll Corporation has no debt but can borrow at 6.5 percent.
Kendoll Corporation has no debt but can borrow at 6.5 percent. The firm's WACC is currently 10 percent, and there is no corporate tax 6. What is the company's cost of equity? Note: Do not round intermediate calculations and enter your answer as a percent rounded to the nearest whole number, e.g.. 32 b. If the firm converts 1030 percent debt, what will its cost of equity be? Note: Do not round intermediate calculations and enter your onswer as a percent rounded to 2 decimal places, e.9., 32.16. c. If the firm converts to 55 percent debt, what will its cost of equity be? Note: Do not round intermediote calculations and enter your onswer as a percent rounded to 2 decimal places, e.9., 32.16. d. What is the company's WACC in parts (b) and (c)? Note: Do not round intermediote colculations and enter your onswers as a percent rounded to the nearest whole number, e.g., 32
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