9 (Calculating WACC): Strident Corp, has not debt but can borrow at 8 percent. Thefi rm's WACC is currently 15 percent, and the tax rate is 35 percent. a) What is Strident's cost of equity? b) If the firm, converts to 25 percent debt, and if the WACC-13.69%, what will its cost of equity be? If the firm converts to 50 percent debt, and WACC-12.38%, what will its cost of equity be? c)