Consider a simple firm that has the following market$-$value balance sheet:

Next year, there are two possible values for its assets, each equally likely: $$1,180$ and $$970.$ Its debt will be due with

$5\mathrm{.}2\%$ interest. Because all of the cash flows from the assets must go to either the debt or the equity, if you hold a

portfolio of the debt and equity in the same proportions as the firm's capital structure, your portfolio should earn

exactly the expected return on the firm's assets. Show that a portfolio invested $44\%$ in the firm's debt and $56\%$ in its

equity will have the same expected return as the assets of the firm. That is$,$ show that the firm's pre$-$tax WACC is the

same as the expected return on its assets. A$)$ If the assets will be worth $ $1180$ in one year, the expected return on assets will be $14\mathrm{.}6\%.$

B$)$ If the assets will be worth $ $970$ in one year, the expected return on assets will be negative $5\mathrm{.}8\%.$

C$)$ The expected return on assets will be enter your response here$\%.($Round to one decimal place.$)$

D$)$ For a portfolio of $44\%$ debt and $56\%$ equity, the expected return on the debt will be$?($Round to one decimal place.$)$

E$)$ If the equity will be worth $$760\mathrm{.}40$ in one year, the expected return on equity will be

enter your response here$\%.($Round to one decimal place.$)$

I$$ve done A and B$,$ please solve C$-$E and also find the expected return on equity and the expected return on the portfolio