Acetate, Inc. has equity with a market value of Rs. 200 cr and debt with a market value of Rs. 100 cr. 10 year government bonds yield around 6.5%, and the last 10 years average return on the market portfolio over the next year is 18%. The beta of Acetates equity is .90. The post tax cost of debt is 7.5% a. What is Acetates debt to equity ratio? b. What is the cost of equity of the firm? What does a beta of 1 imply? c. What is Acetates weighted average cost of capital?