Consider a simple firm that has the following market-value balance sheet: If the assets will be worth $1,220 in one year, the expected return on assets will be 1%. (Round to one decimal place.) If the assets will be worth $970 in one year, the expected return on assets will be %. (Round to one decimal place.) The expected return on assets will be %. (Round to one decimal place.) For a portfolio of 40% debt and 60% equity, the expected return on the debt will be \%. (Round to one decimal place.) If the equity will be worth $800.80 in one year, the expected return on equity will be %. (Round to one decimal place.) If the equity will be worth $550.80 in one year, the expected return on equity will be %. (Round to one decimal place.) The expected return on equity will be %. (Round to one decimal place.) The expected pre-tax return on a portfolio of 40% debt and 60% equity will be 10. (Round to one decimal place. There may be a slight difference due to rounding.)