You have been hired by a new firm that is just being started. The CFO wants to finance with $60\%$ debt, but the president thinks it would be better to hold the percentage of debt in the capital structure $($wd$)$ to only $10\%.$ The company is small, so it is not subject to the interest deduction limitation$.$ Other things held constant, and based on the data below, if the firm uses more debt, by how much would the ROE change, i$.$e$.,$ what is ROEHigher deb $-$ ROE Lower debt? Do not round your intermediate calculations.

$\backslash$table$[[$Operating Data,Other Data$],[$Capital$,$$$4,000,$Higher wd$,60\%$