Dunlap Corp. has a market capitalization of $60 million, and $40 million in outstanding debt. Dunlaps levered stock has a beta of 1.5. The debt yield to maturity is 10.32%. The bond rating is CCC, which has an average default rate of 12.2%. The lost rate for its debt is 60%. Its corporate tax rate is 20%. What is Dunlaps unlevered cost of capital? What is Dunlaps weighted average cost of capital? [hint: If you cant find risk free rate or expected market return, you can use 1% as risk free rate and 7% as the expected return of the market.]