S16-12 Calculating WACC (LO1] Skillet Industries has a debt-equity ratio of 1.5. Its WACC is 9 percent, and its cost of debt is 5.5 percent. The corporate tax rate is 35 percent. 2. What is the company's cost of equity capital? (Round your answer to 2 decimal places. (e.g., 32.16)) Cost of equity capital b. What is the company's unlevered cost of equity capital? (Round your answer to 2 decimal places. (e.g., 32.16)) Unlevered cost of equity capital 6-1 What would the cost of equity be if the debt-equity ratio were 2? (Round your answer to 2 decimal places. (e.g., 32.16)) Cost of equity 62 What would the cost of equity be if the debt-equity ratio were 1.0? (Round your answer to 2 decimal places. (e.g., 32.16)) Cost of equity -3 What would the cost of equity be if the debt-equity ratio were zero? (Round your answer to 2 decimal places. (e.g., 32.16)) Cost of equity