Acetate, Inc., has equity with a market value of $23.1 million and debt with a market value of $9.24 million. The cost of debt is 10% per year. Treasury bills that mature in one year yield 6 percent per year, and the expected return on the market portfolio is 11 percent. The beta of Acetate's equity is 1.16. The firm pays no taxes.

A)What is Acetate's debt-equity ratio? Do not round intermediate calcuatlions and round to 2 decimal places final answer

B) What is the firm's weighted average cost of capital? Do not round intermediate calcuatlions and round to 2 decimal places final answer

C) What is the cost of capital for an otherwise identical all-equity firm? Round your answer to 2 decimal places.