Maria$$ Gonzalez, Ganado's Chief Financial$$ Officer, estimates the$$ risk$-$free rate to be $3\mathrm{.}50\%,$ the$$ company's credit risk premium is $3\mathrm{.}70\%,$ the domestic beta is estimated at $0\mathrm{.}96,$ the international beta is estimated at $0\mathrm{.}63,$ and the$$ company's capital structure is now $80\%$ debt. The expected rate of return on the market portfolio held by a$$ well$-$diversified domestic investor is $9\mathrm{.}30\%$ and the expected return on a larger globally integrated equity market portfolio is $8\mathrm{.}40\%.$ The$$ before$-$tax cost of debt estimated by observing the current yield on$$ Ganado's outstanding bond Maria Gonzalez, Ganado's Chief Financial Officer, estimates the risk$-$free rate to be $3\mathrm{.}50\%,$ the company's credit risk premium is $3\mathrm{.}70\%,$ the domestic beta is estimated at $0\mathrm{.}96,$

the international beta is estimated at $0\mathrm{.}63,$ and the company's capital structure is now $80\%$ debt. The expected rate of return on the market portfolio held by a well$-$diversified domestic investor is $9\mathrm{.}30\%$ and

the expected return on a larger globally integrated equity market portfolio is $8\mathrm{.}40\%.$ The before$-$tax cost of debt estimated by observing the current yield on Ganado's outstanding bonds combined with bank

debt is $8\mathrm{.}10\%$ and the company's effective tax rate is $30\%.$ For both the domestic CAPM and ICAPM, calculate the following:

a$.$ Ganado's cost of equity

b$.$ Ganado's after$-$tax cost of debt

c$.$ Ganado's weighted average cost of capital

a$.$ Using the domestic CAPM, what is Ganado's cost of equity?

$\%($Round to two decimal places.$)$