KendallCorporation has no debt but can borrow at 8 percent. The firm'sWACC is currently 16 percent, and there is no copiratetax.a.What is the company's cost of equity ?b. Ifthe converts to debt but can borrow at 8 percent. The firm's WACC is currently 16 percent, a ost of equity? irmedlate calculations and enter your answer as a percent rounded to the percent debt, what will its cost of 2 answers