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1) Blueberry has a debt-to-equity ratio of 1.7. If it had no debt, its cost of equity would be 16%. Its current cost of debt

1) Blueberry has a debt-to-equity ratio of 1.7. If it had no debt, its cost of equity would be 16%. Its current cost of debt is 9%. What is the cost of equity for the firm if the corporate tax rate is 30%?

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