a Ignoring taxes, assume that Broncos Inc. has a weighted average cost of capital of 10%. Broncos Inc, can borrow at 6% Assuming that Broncos Inc, has a target capital structure of 60% equity and 40% debt, calculate its cost of equity b. Calculate the D/E ratio if the target capital structure is 50% equity. Given the 50% equity target capital structure, now calculate the cost of equity. Now calculate the WACC for both target capital structures. What do you conclude? c. d