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Elliott's Cross Country Transportation Services has a capital structure with 25% debt at a 9% interest rate. Its beta is 1.5, the risk-free rate is

Elliott's Cross Country Transportation Services has a capital structure with 25% debt at a 9% interest rate. Its beta is 1.5, the risk-free rate is 2%, and the market risk premium is 6%. Elliott's combined federal-plus-state tax rate is 25%.

  1. What is Elliott's cost of equity? Do not round intermediate calculations. Round your answer to two decimal places.
  2. %
  3. What is its weighted average cost of capital? Do not round intermediate calculations. Round your answer to two decimal places.
  4. %
  5. What is its unlevered cost of equity? Do not round intermediate calculations. Round your answer to two decimal places.
  6. %

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