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15. A firm has a debt-to-equity ratio of 1.0. If its cost of capital is 13% and cost of debt is 10%, what is the

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15. A firm has a debt-to-equity ratio of 1.0. If its cost of capital is 13% and cost of debt is 10%, what is the cost of equity if there are no taxes? A. 3.00% B. 23.00% C. 15.00% D. 16.00%

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