ACME has a capital structure consisting of 35% debt and 65% equity. ACME's debt currently has a 8% yield to maturity. Using the CAPM, ACME estimates that its cost of equity is currently 13% using a the risk-free rate of 4% and a market risk premium of 6%. The company has a 25% tax rate. What would the company's new cost of equity be if the company decided to adopt a capital structure of 50% debt, 50% equity? (You can reuse calculations from the previous problem).