Weston Industries has a debt-equity ratio of 1.5. Its WACC is 12 percent, and its cost of debt is 10 percent. The corporate tax rate is 34 percent. (Do not include the percent signs (%). Round your answers to 2 decimal places. (e.g., 32.16))

Required:

a. Weston’s cost of equity capital is ---------- percent.

b. Weston’s unlevered cost of equity capital is ------------ percent.

c. The cost of equity would be ------------- percent if the debt-equity ratio were 2, --------------percent if the debt-equity ratio were 1, and -----------------percent if the debt-equity ratio were 0.