$**$A comparable firm $($i$.$e$.,$ same industry and similar operations as our firm$)$ has an equity beta of $1\mathrm{.}9$ and a debt$-$to$-$value ratio of $0\mathrm{.}2.$ The debt of the comparable firm is risk$-$free. Our firm has a debt$-$to$-$value ratio of $0\mathrm{.}1.$ Assuming both firms should have the same asset beta, and that our debt is also risk$-$free, what is a good estimate of the required return on our equity? The risk free rate is $2\mathrm{.}9\%$ and the equity premium is $4\mathrm{.}4\%.$ Give your answer in percentage to the closest basis point.