A firm currently has a debt-equity ratio of 1. The debt, which is virtually riskless, pays an interest rate of 8 %. The expected rate of return on the equity is 15 %. What is the weighted Average Cost of Capital if the firm pays no taxes? Enter your answer as a percentage rounded to two decimal places. Do not Include the percentage sign in your answer. WACC - 11.5 correct responset 1.510.02 What would happen to the expected rate of return on equity is the firm changed to debt-equity ratio to 14 7 Asume the tom payn no taxes, the cost of cott does not change, and that the original WACC 11.60%. Enter your answer as a percentage rounded to two decimal places. Do not include the percentage sign as part of your answer Return on equity - Nuryber Section Attempt 1 of 1 Verity