ABC Co. and XYZ Co. are identical firms in all respects except for their capital structure. ABC is all equity financed with $600,000 in stock. XYZ uses both stock and perpetual debt; its stock is worth $300,000 and the interest rate on its debt is 8 percent. Both firms expect EBIT to be $80,000. Ignore taxes. (Do not include the percent signs (%). Round your answers to 2 decimal places. (e.g., 32.16))

a. Rico owns $30,000 worth of XYZ's stock. He is expecting a rate of return of __ percent.

b. The cost of equity for ABC is __ percent, and for XYZ is __ percent.

c. The WACC for ABC is __ percent, and for XYZ is __ percent