Award: $5\mathrm{.}00$ points

Kendall Corporation has no debt but can borrow at $5\mathrm{.}75$ percent. The firm's WACC is currently $10$ percent, and there is no corporate tax.

a$.$ What is the company's cost of equity?

Note: Do not round intermediate calculations and enter your answer as a percent rounded to the nearest whole number, e$.$g$.,32.$

b$.$ If the firm converts to $20$ percent debt, what will its cost of equity be$?$

Note: Do not round intermediate calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

c$.$ If the firm converts to $60$ percent debt, what will its cost of equity be$?$

Note: Do not round intermediate calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

d$.$ What is the company's WACC in parts $($b$)$ and $($c$)?$

Note: Do not round intermediate calculations and enter your answers as a percent rounded to the nearest whole number, e$.$g$.,32.$

$\backslash$table$[[$a$.$ Cost of equity,,$\%,,,,],[$b$.$ Cost of equity,,$\%,,,,],[$c$.$ Cost of equity,$\%,,,,,],[$d$.20$ percent debt,$\%,,,,,],[60$ percent debt,$\%$