The common stock of Buildwell Conservation \& Construction incorporated (BCCI) has a beta of 0.9. The Treasury bill rate is 4%, and the market risk premium is estimated at 8%. BCCi's capital structure is 22% debt, paying an interest rate of 5%, and 78% equity. The debt sells at par. Buildwell pays tax at 21%. a. What is BCCl 's cost of equity capital? Note: Do not round intermediate calculations. Enter your answer os a percent rounded to 2 decimal ploces. b. What is its WACC? Note: Do not round intermediate colculations. Enter your answer as o percent rounded to 2 decimal ploces. c. If BCCl is presented with a normal project with an internal rate of return of 12%, should it accept the project if it has the same level of risk as the current firm