you would like to estimate the weighted average cost of capital for a new airline busniess. Based on its industry asset beta, you have already estimated an unlevered cost of capital for the firm of 8%. However, the new business will be 26% debt financed, and you anticipate its debt cost of capital will be 7%. If its corporate tax rate is 36 %. what is yur estimate of its WACC?

The equity cost of capital is ?

The weighted average cost of capital is ?