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Return to question 3 Solar Industries has a debt-equity ratio of .8. Its WACC is 8.7 percent, and its cost of debt is 6.1 percent.

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Return to question 3 Solar Industries has a debt-equity ratio of .8. Its WACC is 8.7 percent, and its cost of debt is 6.1 percent. The corporate tax rate is 24 percent. a. 8 points What is the company's cost of equity capital? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. What is the company's unlevered cost of equity capital? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) C-1. What would the cost of equity be if the debt-equity ratio were 2? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) C-2. What would the cost of equity be if the debt-equity ratio were 1? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) C-3. What would the cost of equity be if the debt-equity ratio were zero? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

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