just the second part

The common stock and debt of Android Corp. are valued at $54 milion and $35 million, respectively. Investors currently require a 12% return on the common stock and an 5% return on the debt. There are no taxes. Calculate the weighted average cost of capital. Enter your answer as a percentage. Do not include the percentage sign in your answers. Enter your answer rounded to 2 DECIMAL PLACES WACC - 9.25 Correct response 9.2510.01 Click "Verity to proceed to the next part of the question Android Corpses an additional $12 million of debt and use this money to retire common stock, what will be the expected return on the stock? Assume that the change in capital structure does not affect the risk of the debt, and recall at the WACC under the initialapital structure is 9.25%. Enter your answer as a percentage. Do not include the percentage sign in your answer. Enter your answer founded to 2 DECIMAL PLACES TE Number Click "Verily to proceed to the next part of the question Section Abomo 1 of 1 Verify