The following is your company's capital structure & other financial information:
Long-term debt: $400,000 @ 15% interest rate (before tax)
Equity: $600,000
Tax Rate: 40%
Beta of the Co. 1.5
The current yield rate of the 10-year Treasury Bond is 5%
Normal Risk Premium is 10%
What is the minimum growth rate this company needs to achieve to satisfy the Shareholders’ Expectation on their expectation? Please do not put "%" in your answer. Just put the number (for example, 10 for 10%)