9:26 12. Last year, Banda Corporation had spoints $250,000 of assets (which equaled its total invested capital). $18,750 of net income, and a debt-to-total- capital ratio of 37%. Now, suppose that the new CFO convinced the president to increase the debt-to- total-capital ratio to 48%. Sales, total assets, and total invested capital would not be affected, but interest expenses would increase. However, the CFO believed that better cost controls would be sufficient to offset the higher interest expense and thus keep net income unchanged. By how much would the return on common equity (ROE) improve as a result of the change in the capital structure? Do not round your intermediate calculations. * 0 2.52% O 11.00% O 11.90% O 14,42% None of the above