The common stock of Buildwell Conservation \& Construction, Inc., has a beta of .95. The Treasury bill rate is 3%, and the market risk premium is estimated at 6%. BCCl's capital structure is 25% debt, paying a 5% interest rate, and 75% equity. Buildwell pays tax at 30% a. What is BCCl's cost of equity capital? (Round your answer to 2 decimal places.) b. What is BCCl's WACC? (Round your answer to 2 decimal places.)