The common stock of Buildwell Conservation & Construction, Inc., has a beta of .70. The Treasury bill rate is 5%, and the market risk premium is estimated at 8%. BCCIs capital structure is 20% debt, paying a 4% interest rate, and 80% equity. Buildwell pays tax at 35%.

a.	What is BCCIs cost of equity capital? (Round your answer to 2 decimal places.)

Cost of equity capital

%

b.	What is BCCIs WACC? (Round your answer to 2 decimal places.)

WACC

%