Morales Publishing's tax rate is 30%, its beta is 1.10, and it uses no debt. However, the CFO is considering moving to a capital structure with 30% debt and 70% equity. If the risk-free rate is 4.5% and the market risk premium is 5.5%, by how much would the capital structure shift change the firm's cost of equity? (Hint: calculate the CAPM using the levered versus the unlevered beta coefficient. Use the Hamada equation.)