The equity beta for National Napkin Company is 1. National Napkin has a debt-to equity ratio of 1. The expected return on the market is 13 percent....

The equity beta for National Napkin Company is 1.29. National Napkin has a debt-toequity ratio of 1.0. The expected return on the market is 13 percent. The risk-free rate is7 percent. The cost of debt capital is 7 percent. There are no corporate taxes.(a) What is National Napkin’s cost of equity?(b) What is National Napkin’s Unlevered?(c) Calculate rWACC