Ganado's Cost of Capital. Maria Gonzalez, Ganado's Chief Financial Officer, estimates the risk-free rate to be 3.30%, the company's credit risk premium is 4.50%, the domestic beta is estimated at 1.19, the international beta is estimated at 0.91, and the company's capital structure is now 75% debt.The expected rate of return on the market portfolio held by a well-diversified domestic investor is 8.90%, and the expected return on a larger globally integrated equity market portfolio is 7.90%. The before-tax cost of debt estimated by observing the current yield on Ganado's outstanding bonds combined with bank debt is 8.00% and the company's effective tax rate is 38%. For both the domestic CAPM and ICAPM, calculate the following ?(Round to two decimal? places):

a.? Ganado's cost of equity

b.? Ganado's after-tax cost of debt

c.? Ganado's weighted average cost of capital