A firm currently has a capital structure with 20 % debt. The debt, which is virtually riskless, pays an interest rate of 9 %. The expected rate of return on the equity 11 %. What is the Weighted-Average Cost of Capital if the firm pays no taxes? Enter your answer as a percentage rounded to two decimal place. Do not include the percentage sign in your answer. WACC = 10.60 Correct response: 10.610.02 What would happen to the expected rate of return on equity If the firm changed its capital structure to 45% debt? Assume the form pays cotxes, the cost of debt does not change, and that the initial WACC IS 10.60 %. Enter your anwer as a percentage rounded to two decimal places. Do not include the percentage sign as part of your answer. Return on equity Number