Garcia Company has no debt its cost of capital is 10.4 percent. Suppose the company converts to a debt-equity ratio of 1 . The interest rate on the debt is 7.5 percent. Ignore taxes for this problem 0. What is the company's new cost of equity? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.9., 3216. b. What is its new WACC? Note: Do not round intermediate calculotions and enter your answer as a percent rounded to 2 decimal places, e.9., 32.16