The common stock of Buildwell Conservation & Construction, Inc., has a beta of .80. The Treasury bill rate is 3%, and the market risk premium is estimated at 7%. BCCI's capital structure is 20% debt, paying a 4% interest rate, and 80% equity. Buildwell pays tax at 30%. a. What is BCCI's cost of equity capital? (Round your answer to 2 decimal places.) Cost of equity capital % b. What is BCCI'S WACC? (Round your answer to 2 decimal places.) WACC %