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11. Jennifer's Boutique has a cost of debt of 13 percent and a return on assets of 16 percent. The debt-to-equity ratio is 75. Assume

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11. Jennifer's Boutique has a cost of debt of 13 percent and a return on assets of 16 percent. The debt-to-equity ratio is 75. Assume that there are no taxes. What is the cost of equity? A. 7.25 percent B. 12.00 percent C.16.67 percent D. 17.75 percent E. 18.25 percent

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