The balance sheet of Colton Corporation shows long-term debt of exist50 million and shareholder equity of exist50 million, while their income statement shows EBIT of exist17.5 million and interest expenses of exist5 million. If cotton has a tax bracket of 40%, what is their return on equity (ROE)? Your answer should be between 8.94 and 17.46, rounded to 2decimal places, with no special characters