global advertising has a tax rate of 35%. it can raise 1000$ par value 10-year debt with a 9 percent annually paid coupon at a selling price of $975. it is expected to pay a dividend of $0.90 at the end of thr year. global's common stock is selling for $8.59 a share and it's expected growth rate in dividend's and earnings is 5 percent. global will finance all capital expenditure's with it's optimal capital mix of 40 percent equity and 60 percent debt. what is the appropriate required rate of return for this firm using the free cash flow to equity approach.