Suppose you borrow $53,728.87M when financing a gym with a cost of $87,768.67M. You expect to generate a cash flow of $82,099.78M at the end of the year if demand is weak, $85,634.11M if demand is as expected and $104,262.46M if demand is strong. Each scenario is equally likely. The current risk-free interest rate is 5.11% (risk of debt) and there's a 11.45% risk premium for the risk of the assets. What would be the realized return of equity if the demand is strong?

(HINT: If you need it, to compute the WACC of the firm, add the risk free plus the risk premium)