You have been asked to estimate the cost of capital for Branded Stores, a firm that generates of its revenues i Thailand. You following additional information: The average bets for specialty retailers in South East Asia is 1.20, and the average cost to equity rate for these fess o Branded Stores has 100 million shares trading at 20 Malaysian Rupees per share and debt of 620 million The riskdree rate in Thai Baht is 8% and that tax rate for all firms is 35%. Branded Stores is not rated, but it does have recent borrowing in its books and the interest rate on the debt is 10% a. The Thai stock Index is trading at 800, the dividend yield on the index is 5% and the expected growth cate in perpetuity in dividends is sok tsimine the implied equity risk premium on the Thai Index. (8 points) b. Estimate the cost of equity for Baklak Stores. (8 points) c. Estimate the cost of capital for Bakiak Stores in Thai Baht.(4 points)