The consulting division is expected to have a beta of 1.8, because it will be riskier than the firm's real estate division, This means that the firm's consulting division will have a cost of capital of: O 15.97% O 14.62% 15.57% 17.12% The distribution division will have less risk than the firm's real estate division, so its beta is expected to be O.S. This means that the distribution division's cost of capital will be: 6.30% 16.6796 This means that the distribution division's cost of capital will be: O 6.30% O 16.67% O 16.57% O 15.37% Wizard Co. expects 55% of its total value to end up in the real estate division, 20% in the consulting division, and 25% in the distribution division. Based on this information, what rate of return should its investors require once it opens the new divisions? (Note: Round your intermediate calculations to two decimal places.) 12.93% 11.38% 14.83% 10.08%