million company funded with all equity is considering restructuring itself to have a mixture of debt and equity. Its current cost of equity is 22%. The cost of debt will depend on how much is borrowed. The cost of debt for up to $100 million will be 13%; for between $100 million and up to $200 million, the cost of debt will be 15%; and borrowings above $200 million will cause the cost of debt to be 17%. The company has a 40% tax rate