The common stock of Buildwell Conservation & Construction, Inc., has a beta of .90. The Treasury bill rate is 5%, and the market risk premium is estimated at 9%. BCCIs capital structure is 40% debt, paying a 8% interest rate, and 60% equity. Buildwell pays tax at 40%. 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 %