Problem 19-5 WACC Whispering Pines Inc. is all-equity-financed. The expected rate of return on the company's shares is 11.25%. a. What is the opportunity cost of capital for an average-risk Whispering Pines Investment? (Enter your answer as a percent rounded to 2 decimal places.) Opportunity cost of capital b. Suppose the company issues debt, repurchases shares, and moves to a 27% debt-to-value ratio (DIV=0.27). What will be the company's welghted average cost of capital at the new capital structure? The borrowing rate is 6.75% and the tax rate is 21%. (Do not round Intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Weighted average cost of capital