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Shadow Corp. has no debt but can borrow at 6.2 percent. The firm's WACC is currently 8 percent, and the tax rate is 21 percent.

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Shadow Corp. has no debt but can borrow at 6.2 percent. The firm's WACC is currently 8 percent, and the tax rate is 21 percent. a. C. What is the firm's cost of equity? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. If the firm converts to 20 percent debt, what will its cost of equity be? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) If the firm converts to 50 percent debt, what will its cost of equity be? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) d-1. If the firm converts to 20 percent debt, what will the company's WACC be? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) d-2. If the firm converts to 50 percent debt, what will the company's WACC be? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.). a. Cost of equity b. Cost of equity C. Cost of equity d.1. WACC d-2. WACC % % %

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