Consider the hypothetical firm with the $50\%$ Debt capital structure shown in The Debt Policy and Value case $($Handout #$18).$

In Table $1,$ what is the Cost of Equity for the firm with the $50\%$ Debt capital structure? $($The answer is a percentage. Show your answer rounded to three

$\backslash$table$[[$Walmart Percent of Sales Financial Planning $2023-2027],[$Assumptions$],[],[$Sales Growth,$4\mathrm{.}00\%,,$Dividends per Share,,$2\mathrm{.}24],[$Operating Costs $($POS$),94\mathrm{.}00\%,,$Shares,,,$2,693],[$Depreciation $($POS$),2\mathrm{.}00\%,,,,,],[$Non Op Expenses $($Avg$),1,823,,$Current Assets $($POS$),,12\mathrm{.}50\%$ decimal places, e$.$g$.10\mathrm{.}485)$