Problem 21 Intro Data for Lilly Lime Inc is given below B 1 Tax rate 2 Equity 3 | Debt 40 5 Erm) 6 Cov, rm) 7 Var(tu) 8 Cost of debt 0.21 130,000 85,000 0.02 0.07 0.045 0.04 0.03 - Attempt 1/10 for 10 pts. Part 1 What is the cost of equity? 3+ decimals Submit IB Attempt 1/10 for 10 pts. Part 2 What is the weighted average cost of capital? 3+ decimals Submit