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Williamson, Inc., has a debt - equity ratio of 2 . 5 4 . The company's weighted average cost of capital is 9 percent, and

Williamson, Inc., has a debt-equity ratio of 2.54. The company's weighted average cost of capital is 9 percent, and its pretax cost of debt is 7 percent. The corporate tax rate is 24 percent.
a. What is the company's cost of equity capital? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.,32.16.)
b. What is the company's unlevered cost of equity capital? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.,32.16.)
c. What would the weighted average cost of capital be if the company's debt-equity ratio were .80 and 1.70?(Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g.,32.16.)

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