Company MU is a publicly listed renewable energy company with a credit rating of BBB.Currently,MU has 12 million shares outstanding with share price $10 and an equity beta of 1.8. MU can borrow at a rate of the risk-free rate plus 350 basis points. MU's marginal tax rate is 35% and its market D/E ratio is 2.2. The company ETA is a private firm in the same industry. The treasurer of ETA picks MU as the comparable firm in order to calculate its cost of capital. ETA's marginal tax rate is 30%. ETA's cost of debt is 580 basis points and market D/E ratio is 2.8. The current risk-free rate is 2.5%. The expected market return is 10%.

1. Calculate MU's WACC.Express answers in percentage points and keep two decimal places
2. Calculate MU's asset beta. Keep two decimal places
3. Calculate ETA's WACC.Express answers in percentage points and keep two decimal places