If Wild Widgets, Inc., were an all-equity company, it would have a beta of 1.75. The company has a target debt-equity ratio of 4. The expected return on the market portfolio is 9 percent, and Treasury bills currently yield 5.8 percent. The company has one bond issue outstanding that matures in 20 years and has a coupon rate of 10.6 percent. The bond currently sells for $1.260. The corporate tax rate is 40 percent a. What is the company's cost of debt? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g. 32.16.) Cost of debt % b. What is the company's cost of equity? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g. 32.16.) Cost of equity 12.23% c. What is the company's weighted average cost of capital? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g. 32.16.) WACC 10.10 %