Dickson, Inc., has a debt-equity ratio of 1.95. The firm's weighted average cost of capital is 9 percentand its pretax cost of debt is 6 percent. Thetax rate is 21 percent.

a.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.What is the company's unlevered 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.)

c.What would the company's weighted average cost of capital be if the company's debt-equity ratio were .45 and .95?(Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)