The company has $100,000$ shares outstanding, and the shareholders require a return of $14\mathrm{.}7\%.$ The company is financed for $50\%$ with equity, and $50\%$ with debt $($that is including the new loan$).$ The effective tax rate for the company is $22\%.$The company has $100,000$ shares outstanding, and the shareholders require a return of $14\mathrm{.}7\%.$ The company is financed for $50\%$ with equity, and $50\%$ with debt $($that is including the new loan$).$ The effective tax rate for the company is $22\%.$