Malkin Corp. has no debt but can borrow at 8 percent. The firm's WACC is currently 14 percent, and there is no corporate tax. a. What is the company's cost of equity? Cost of equity 14 % b. If the firm converts to 10 percent debt, what will its cost of equity be? Cost of equity % C. If the firm converts to 55 percent debt, what will its cost of equity be? Cost of equity % d. What is the company's WACC in parts (b) and (c)