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Business, 30.08.2021 19:30 chaseashley24

A firm has a debt-to-equity ratio of 0.50. Its cost of debt is 10 percent. Its overall cost of capital is 14 percent. What is its cost of equity if there are no taxes? a. 13 percent
b. 16 percent
c. 15 percent
d. 18 percent
e. None of these above

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