The common stock of Buldwell Conservation \& Construction Incorporated (BCC) has a beta of 0.9. The Treasury bill rate is 4%, and the market risk premium is estimated at 7%. BCCl ' capital structure is 32% debt, paying an interest rate of 7%, and 68% equity. The debt sells at par. Buildwell pays tax at 21%. a. What is BCCis cost of equity capital? Note: Do not round intermediate calculotions. Enter your answer as o percent rounded to 2 decimal places. b. What is its WACC? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. c. If BCCl is presented with a normal project with an intermal rate of return of 12%, should it accept the project if it has the same level of risk as the current firm