Consider a simple firm that has the following​ market-value balance​ sheet: Assets Liabilities end equity $1 010 Debt $4

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Consider a simple firm that has the following​ market-value
balance​ sheet:
Assets
Liabilities end equity
$1 010
Debt
$450
Equity
560
Next​ year, there are two possible values for
its​ assets, each
equally​ likely: $1 200 and $970. Its
debt will be due with 5.1% interest. Because all of the
cash flows from the assets must go to either the debt or
the​ equity, if you hold a portfolio of the debt and equity in
the same proportions as the​ firm's capital​ structure,
your portfolio should earn exactly the expected return on
the​ firm's assets. Show that a portfolio
invested 45% in the​ firm's debt
and 55% in its equity will have the same expected return
as the assets of the firm. That​ is, show that
the​ firm's pre-tax WACC is the same as the expected return on
its assets.
For a portfolio of 45% debt and 55% ​equity,
the expected return on the debt will be ____% ??