Question: Under MM with taxes, if the required equity return for a given firm is 9.36% when only financed with equity, what would be its required

Under MM with taxes, if the required equity return for a

Under MM with taxes, if the required equity return for a given firm is 9.36% when only financed with equity, what would be its required equity return once financed with both debt and equity assuming a 50% debt-to-equity ratio and cost of debt of 4.79% while the firm tax rate is 20% ? (answer positive number with two decimals and no comma nor percentage sign, e.g. 12.35)

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