Malory Inc. is currently financed with 25% debt, but its new CFO is considering changing the capital structure to a total debt ratio of 60% by issuing additional bonds and using the proceeds to repurchase common shares. The percentage of common equity in the capital structure would thus be 1 e 6096-4096.The CFO gathered the information below: . Current total debt ratio: 25% . Target total debt ratio: 60% Current beta: 1.13 . Risk-free rate: 2% . Market risk premium: 5% Tax rate: 40% Part 1 Attempt 1/10 for 10 pts. Part 2 H * Attempt 1/10 for 10 pts. Attempt 1/10 for 10 pts. Part 3 What is the cost of equity with a total debt ratio of 60%? 3+ decimals Submit