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Kendall Corporation has no debt but can borrow at 6 percent. The firm's WACC is currently 1 1 percent, and there is no corporate tax.

Kendall Corporation has no debt but can borrow at 6 percent. The firm's WACC is currently 11 percent, and there is no corporate tax.
a. What is the company's cost of equity?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to the nearest whole number, e.g.,
b. If the firm converts to 15 percent debt, what will its cost of equity be?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.,32.16.
c. If the firm converts to 55 percent debt, what will its cost of equity be?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.,32.16.
d. What is the company's WACC in parts (b) and (c)?
Note: Do not round intermediate calculations and enter your answers as a percent rounded to the nearest whole number, e.g.,
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