Fordebtful Industries has a debt/equity ratio of 2.5 . Its WACC is 12 percent, and its cost of debt is 12 percent. The corporate tax rate is 35 percent. a. What is Fordebtful's cost of equity capital? b. What is Fordebtful's unlevered cost of equity capital? c. What would the cost of equity be in part (a) if the debt/equity ratio were 1.5 ? What if it were 1.0 ? What if it were zero? Fordebtful Industries has a debt/equity ratio of 2.5 . Its WACC is 12 percent, and its cost of debt is 12 percent. The corporate tax rate is 35 percent. a. What is Fordebtful's cost of equity capital? b. What is Fordebtful's unlevered cost of equity capital? c. What would the cost of equity be in part (a) if the debt/equity ratio were 1.5 ? What if it were 1.0 ? What if it were zero