Company A is currently an all-equity firm with an expected return of 14.79%. It is considering borrowing money to buy back sorne of its existing shares, thus increasing its leverage. Suppose the company borrows to the point that its dobt-equity ratio is 1.62. With this amount of debt, the debt cost of capial is 7.11%. What will be the expected return of equity after this transaction? NOTE: Submit your answers with 4 decimals after the dot. Do not include the "\( " \$ " \)quot; sign Company A is currently an all-equity firm with an expected return of 14.79%. It is considering borrowing money to buy back sorne of its existing shares, thus increasing its leverage. Suppose the company borrows to the point that its dobt-equity ratio is 1.62. With this amount of debt, the debt cost of capial is 7.11%. What will be the expected return of equity after this transaction? NOTE: Submit your answers with 4 decimals after the dot. Do not include the "\( " \$ " \)quot; sign