Shadow Corp. has no debt but can borrow at 8 percent. The firm's WACC is currently 9.8 percent, and the tax rate is 35 percent.

a.What is the company'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.)

Cost of equity%

b.If the company converts to 15 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.)

Cost of equity%

c.If the company 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.)

Cost of equity%

d-1.If the company converts to 15 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.)

WACC%

d-2.If the company 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.)

WACC%