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Kendall Corporation has no debt but can borrow at 5.9 percent. The fim's WACC s...

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Accounting

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Kendall Corporation has no debt but can borrow at 5.9 percent. The fim's WACC s currently 10.2 percent, and there is no corporate tax. a. What is the comparyy cost of equity? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.9. 32 .16. b. If the firm converts to 30 percent debt, what wit iss cost of equity be? Note: Do not round intermediate calculations and emter your snower as a percent rounded to 2 decimal pioces, e.g. 32.16. c. If the firm converts to 60 percent debt, what will its cost of equity be? Note: Do not round intermediate calculations and enter your entwer as o percent rounded to 2 decimal places, e.9. 32.16. d. What is the compary's WACC in parts (b) and (c)? Note: 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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