Score: 0 of 6 pts 6 of 9 (3 complete) HW Score: 34.55%, 19 of 55 pts P16-11 (similar to) Question Help Modigliani and Miller's world of no taxes. Air Seattle is looking to change its capital structure from an all-equity firm to a levered firm with 40% debt and 60% equity. Air Seattle is a not-for-profit company and therefore pays no taxes. If the required rate on the assets (Ra) of Air Seattle is 19%, what is the current required cost of equity (when Air Seattle is an all equity firm)? What is the new required cost of equity if the cost of debt is 12%? What is the current required cost of equity of Air Seattle if it is an all-equity firm? % (Round to the nearest whole percent.) or