6 Unit 9 Lab Learning Activity Question 3 of 10 View Policies Current Attempt in Progress Sunland Resources Company has a WACC of 14.0 percent, and it is subject to a 34 percent marginal tax rate. Sunland has $ 230 million of debt outstanding at an interest rate of 10 percent and $ 740 million of equity (at market value) outstanding. What is the expected return on the equity with this capital structure? (Round answer to 2 decimal places, e.g. 17.54%.) Expected return on equity % e Textbook and Media Save for Later Attempts: unlimited Submit