You are thinking of opening a new business that will have $40,000 in assets and will sello parkas in Dadeland Mall. (a) If the risk-free rate is 3%, the expected return on the market is 10%, your business will have no debt, and you expect your business's beta will be 1.50, what is the cost of capital you should use to evaluate whether opening this business? (b) Now suppose you anticipate financing the firm with 30% debt (the rest will be equity). Your firm's cost of equity will be 12%, the cost of debt will be 8%, and the tax rate will be 21%. Under this scenario, what is the cost of capital you should use to evaluate whether opening this business