Unida Systems has $44$ million shares outstanding trading for $$11$ per share. In addition, Unida has $$98$ million in outstanding debt. Suppose Unida's equity cost of capital is $12\%,$ its debt cost of

capital is $9\%,$ and the corporate tax rate is $25\%.$

a$.$ What is Unida's unlevered cost of capital?

b$.$ What is Unida's after$-$tax debt cost of capital?

c$.$ What is Unida's weighted average cost of capital?

a$.$ What is Unida's unlevered cost of capital?

Unida's unlevered cost of capital is $\%.($Round to two decimal places.$)$