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Kendall Corporation has no debt but can borrow at 7 percent. The firm s WACC is currently 1 3 percent, and there is no corporate

Kendall Corporation has no debt but can borrow at 7 percent. The firms WACC is currently 13 percent, and there is no corporate tax.
What is the companys cost of equity?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to the nearest whole number, e.g.,32.
If the firm converts to 30 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.
If the firm converts to 45 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.
What is the companys 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.,32.

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