The distribution division will have less risk than the firm's real estate division, so its beta is expected to be 0.7. This means that the distribution division's cost of capital will be: O 19.69% O 8.68% O 18.39% O 19.59% Wizard Co. expects 70% of its total value to end up in the real estate division, 20% in the consulting division, and 10% 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.) O 13.61% O 18.36% O 14.91% O 16.46% OO The distribution division will have less risk than the firm's real estate division, so its beta is expected to be 0.7. This means that the distribution division's cost of capital will be: O 19.69% O 8.68% O 18.39% O 19.59% Wizard Co. expects 70% of its total value to end up in the real estate division, 20% in the consulting division, and 10% 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.) O 13.61% O 18.36% O 14.91% O 16.46% OO