Question 19 0.8 pts The overall cost of capital for Payne Keeler is 9.5%. The firm is financed with 45% debt that offers a promised return of 7% and has an expected return of 6%. Payne Keeler is in the 35% marginal tax bracket. What is Payne Keeler's expected cost of equity financing? Round all interim answers and the final answer to the nearest tenth of a percent. 9.4% 12.4% 15.1% 17.3%