Optimal Capital Structure with Hamada borrows. BEA will have to retire the old debt in order to issue new debt, and the rate on the new debt will be 11%. BEA has a beta of 1.0 . b. What are BEA's new beta and cost of equity if it has 35\% debt? Do not round intermediate calculations. Round your answers to two decimal places. Beta: Cost of equity: % c. What is BEA's WACC with 35% debt? Do not round intermediate calculations. Round your answer to two decimal places. % 1,234,000. Round your answer to three decimal places. $ million