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Business, 14.12.2021 01:00 mimigg0621

The Pizza Shoppe has debt with both a face and a market value of $5,500 and a market value of equity of $8,800. The debt has a coupon rate of 7 percent and pays interest annually. The tax rate is 21 percent, and the unlevered cost of capital is 13 percent. What is the firm's levered cost of equity?

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The Pizza Shoppe has debt with both a face and a market value of $5,500 and a market value of equity...
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