SpaceCo is currently leveraged with a debt to value ratio of 24.0%. Under a new capital structure, its new debt to value ratio will change to 55.0%. You are a financial analyst following the company's development and find the following information: the current after-tax WACC is 13.5% marginal corporate tax rate is 44.0% the yield to maturity on its outstanding bonds is 8.2% and is expected to remain constant the risk-free rate is 3.0%, and the expected return on the market portfolio is 9.5% Assuming no change in the size of the firm and that changes in valuation are only due to the change in capital structure: 1. What is the current equity cost of capital? % (Give answer as % to 2 decimal places) 1.1. What is the unlevered beta risk of the firm? (i.e., the risk as if it had no debt) (Give answer as a number to 4 decimal places) 2. If the firm changes its capital structure as proposed, what would be the new equity cost of capital? % (Give answer as % to 2 decimal places) 3. What is the new Weighted Average Cost of Capital? % (Give answer as % to 2 decimal places)