Intro You've gathered the following information for Holly Corp.: . Current debt-to-equity ratio: 0.4 ...

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Intro You've gathered the following information for Holly Corp.: . Current debt-to-equity ratio: 0.4 Current beta: 1.16 Risk-free rate: 2% Expected return on market portfolio: 8% Tax rate: 40% IB Attempt 1/10 for 10 pts. Part 1 What is the current cost of equity? 3+ decimals Submit Part 2 Is Attempt 1/10 for 10 pts. What would be the firm's cost of equity if it didn't have any debt? 3+ decimals Submit

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