A firm is 85% equity. T-Bills are expected to return 2%. The effective tax rate is 8%. It has 65% of its debt in bonds denominated in euros and 35% in US dollar. The euro debt has a euro YTM of 5.5%; the US dollar debt has a YTM of 6.5%. The 1-year LIBOR rate in euros is 3.5%; in USD is 4.5%. The firm's global beta 1.10. Assume a global risk premium of 6%. 10. What is the cost of equity? 11. What is the cost of debt of the firm overall? 12. What is the WACC? A firm is 85% equity. T-Bills are expected to return 2%. The effective tax rate is 8%. It has 65% of its debt in bonds denominated in euros and 35% in US dollar. The euro debt has a euro YTM of 5.5%; the US dollar debt has a YTM of 6.5%. The 1-year LIBOR rate in euros is 3.5%; in USD is 4.5%. The firm's global beta 1.10. Assume a global risk premium of 6%. 10. What is the cost of equity? 11. What is the cost of debt of the firm overall? 12. What is the WACC