Y Ratio RETURN ON EQUITY Commonwealth Construction (CC) needs 3 million of assets to get started, and it expects to have a basic carving power ratio of 15%. CC will own securities, so of its income will be operating income. If it so chooses, CC can finance up to 30% of its assets with debt, which will have an interest rate. If it chooses to use debt, the firm will finance using only debt and common equity, so no preferred stock will be used. Assuming a 40% tax rate on all taxable income, what is the difference between CC's expected ROE Fit finances these assets with 30% debt versus is expected Roer it finances these assets entirely with common stock? Round your answer to two decimal places