The common stock and debt ot iOS Corg. are valued al \$47 milion and $31 million, tespectively. Investors currengy requite a 18 return on the cormmon stock and a 9% retum on the debt. There are no taxes. Caiculate the weighted average cost of capital. Enler your answer as a percentage rounded to two decimal places. Do not includo the percentage sign in your answers. Enter your responso below. Correct response: 14.4210 .02 Click Verity" to proceed to the next part ol the question. HIOS Cocp. issuseo an additiond [S14 milion of dobt and uses this money to retre common stock, what will be the expected teturn on the stoci? Hocil that the WACC under the hital copital tructure is 14.42. Assume that the change in capal structure does not afloct the risk of the dobl, Entor your answer as a percentage rounded to two decimal places. Do not inctude the porcectage sign in your answer. Eniler your tosponse below. Cick "Verify to procoed. Section Amampt 1 of 1