Ganado and Equity Risk Premiums. Maria Gonzalez, Ganado's Chief Financial Officer, estimates the risk-free rate to be 3.50%, the company's credit risk premium is 4.10%, the domestic beta is estimated at 1.04, the international beta is estimated at 0.73, and the company's capital structure is now 25% debt. The before-tax cost of debt estimated by observing the current yield on Ganado's outstanding bonds combined with bank debt is 8.10% and the company's effective tax rate is 40%. Calculate both the CAPM and ICAPM weighted average costs of capital for the folly risk premium estimates. a. 7.90% b. 6.90% c. 5.10% d. 4.10%