A firm has a debt-to-equity ratio of 0.09, debt with a beta of D = 0, a return on equity of rE = 10.3% per year, and a market value of $1.1 million. What return do shareholders require if you take the firm through a restructuring process that ends up with a debt-to-equity ratio 0.80? Assume an idealized world with taxes and with well functioning markets in which the risk-free rate is 3%, and the expected return on the market