Ch 13 Homework i Saved 5 a. 1.66 points eBook Brown Industries has a debt-equity ratio of 1.1. Its WACC is 12 percent, and its cost of debt is 5 percent. There is no corporate tax. What is the company's cost of equity capital? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b-1. What would the cost of equity be if the debt-equity ratio were 2? (Do not round intermediate calculations and enter your answer as a percent rounded to the nearest whole number, e.g., 32.) b-2. What would the cost of equity be if the debt-equity ratio were 6? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b-3. What would the cost of equity be if the debt-equity ratio were zero? (Do not round intermediate calculations and enter your answer as a percent rounded to the nearest whole number, e.g., 32.) Hint Print References a. % % Cost of equity b-1. Cost of equity b-2. Cost of equity b-3. Cost of equity % %