Currently, Forever Flowers the. has a capital structure consisting of 20% debt and Bo\% equity. Forever's debt currently has an 8% yield to maturity. The riskfree rate (mas) is 4%, and the market risk premium (ne- FAF ) is 6%. Using the CAPM, Forever estimates that its cost of equity is currently 15%. The company has a 40% tax rate. a. What is forever's current WACC? Hound your answer to two decimal places. b. What is the current beta on Forever's common stock? Round your answer to two decimal places. c. What would Forever's beta be if the company had no debt in its capital structure? (That is, what is Forever's unlevered beta, bu?) Do not round intermediate calculations, Round your answer to two decimal places. Forever's financal staff is considering changing its capital structure to 40% debt and 60% equity. If the company went ahead with the proposed change, the yidd to maturity on the company's bonds would rise to 10%. The proposed change will have no effect on the company's tax rate. d. What would be the compery/s new cost of equity if it sdopted the proposed change in capital structure? Do not round intermediate calculations. Round vour answer to two decimal places: 6. What would be the compary's new WACC if it adopted the proposed change in capital structure? Do not round intermediate calculations. Round your answer to two decimal places. % f. Based on your answer to part e, would you advise forever to adopt the proposed change in capital structure