Skillet Industries has a debtequity 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.

a.	What is the companys cost of equity capital? (Round your answer to 2 decimal places. (e.g., 32.16))

Cost of equity capital

%

b.	What is the companys unlevered cost of equity capital? (Round your answer to 2 decimal places. (e.g., 32.16))

Unlevered cost of equity capital

%

c-1	What would the cost of equity be if the debtequity ratio were 2? (Round your answer to 2 decimal places. (e.g., 32.16))

Cost of equity

%

c-2	What would the cost of equity be if the debtequity ratio were 1.0? (Round your answer to 2 decimal places. (e.g., 32.16))

Cost of equity

%

c-3	What would the cost of equity be if the debtequity ratio were zero? (Round your answer to 2 decimal places. (e.g., 32.16))

Cost of equity

%