The common stock of Buldwell Conservation \& Construction Inc. (BCCl) has a beta of 0.9. The Treasury bill rate is 4%, and the market isk premium is estimated at 10%. BCCl's capital structure is 35% debt, paylng an interest rate of 10%, and 65% equity. The debt sells at par. Bulldwell pays tax at 21%. What is BCCl's cost of equity capltal? (Do not round Intermedlate calculations. Enter your answer as a percent rounded to 2 decimal places.) o. What Is its WACC? (Do not round Intermedlate calculations. Enter your answer as a percent rounded to 2 decimal places.) :. If BCCl is presented with a normal project with an Internal rate of return of 10%, should it accept the project If It has the same level of Isk as the current firm