Jenkins, Inc., has equity with a market value of $$24$ million and

debt with a market value of $$9\mathrm{.}6$ million. The cost of debt is $10$

percent per year. Treasury bills that mature in one year yield $6$

percent per year, and the expected return on the market portfolio

over the next year is $11$ percent. The beta of the company$$s equity

is $1\mathrm{.}25.$ The firm pays no taxes.a$.$ What is the company$$s debt$-$equity ratio? $($Do not round

intermediate calculations and round your answer to $2$ decimal

places, e$.$g$.,32\mathrm{.}16.)$b$.$ 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$.,32\mathrm{.}16.)$c$.$ What is the cost of capital for an otherwise identical

all$-$equity firm? $($Do not round intermediate calculations and enter

your answer as a percent rounded to $2$ decimal places, e$.$g$.,$

$32\mathrm{.}16.)$