1.ABC Corp currently has a market capitalization of $386 million, a market value of debt of $6 million and no excess cash. The firm's cost of equity is 11.4% and its cost of debt is 4.6%. Assuming perfect markets, calculate the unlevered cost of capital for ABC Corp. Express your answer in percent and round to two decimals

2.ABC Corp currently has a debt to enterprise value ratio of 9%. The firm's cost of equity is 9.7% and its cost of debt is 4.8%. Assuming perfect markets, calculate the unlevered cost of capital for ABC Corp. Express your answer in percent and round to two decimals

3.XYZ Corp is currently has a debt-to-enterprise value ratio of 40%. Its current cost of equity is 15% and its current cost of debt is 5%. The firm wants to permanently change its financing policy to target a debt-to-enterprise value ratio of 16%. The cost of debt associated with this new financing policy will also be 5%. Assuming perfect markets, what will XYZ's cost of equity be after it implements this new financing policy? Express your answer in percent and round to two decimals

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