The common stock of Bulldwell Conservation \& Construction Incorporated (BCCl) has a beta of 0.9 . The Treasury bill rate is 4%, and the market risk premlum is estimated at 7%. BCCl's capital structure is 23% debt, paying an interest rate of 10%, and 77% 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 as a 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 internal rate of return of 10%, should it accept the project if it has the same level of risk as the current firm? Answer is complete but not entirely correct