Suppose the weighted average cost of capital of the Sunland Company is 14 percent. If Sunland has a capital structure that is 50 . percent debt and 50 percent equity, its before tax cost of debt is 7 percent, and its marginal tax rate is 20 peroent, determine cost of equity capital. (Round intermedlate calculations to 2 decimal places, es. 1.25 and final answer to 1 decimal ploce, eg. 15.2). Cost of Equity Capital