Unida Systems has

44

million shares outstanding trading for

$8

per share. In? addition, Unida has

$81

million in outstanding debt. Suppose? Unida's equity cost of capital is

18%?,

its debt cost of capital is

7%?,

and the corporate tax rate is

39%.

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?