A company has the following balance sheet in summary (external accounting): Assets 1,600 Shoulder 1,000 Share capital 100 Other own capital 500 Total debts and equity 1,600 The loan interest rates (assume 7%) according to the loan contract, etc. are as large as the corresponding market interest rates with regard to risk and time perspective. The total value of the company's shares on the stock exchange is 1,600. The owners' required return is 14%. Tax rate 28%. Choose an alternative:

11.31%

9.75%

8.14%

10.55%