A company has expected tree cash flows in perpetuly of $10 milion, a cost of equity capital of 9%, a cost of debt capital of 5%. and debt-to-equity ratio of 0.7. In perfect capital markots (no taxes), what is the firm's unievered required return on equity? (rounded to the nearest 10th of a percent in percent terms - so for example 0.0876 would be "8.87)