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The common stock of Buildwell Conservation & Construction, Inc. (BCCI), has a beta of 8. The Treasury bill rate is 4% and the market risk

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The common stock of Buildwell Conservation & Construction, Inc. (BCCI), has a beta of 8. The Treasury bill rate is 4% and the market risk premium is estimated at 7%. BCCI's capital structure is 30% debt paying a 5% interest rate, and 70% equity. What is BCCI's cost of equity capital and its WACC? Buildwell's tax rate is 35%. (Round your final answers to 3 decimal places.) Cost of equity capital 9.6 % WACC 6.730 %

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