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18. Unida Systems has 55 million shares outstanding trading for $10 per share. In addition, Unida has $100 million in outstanding debt. Suppose Unidas equity
18.
Unida Systems has 55 million shares outstanding trading for $10 per share. In addition, Unida has $100 million in outstanding debt. Suppose Unidas equity cost of capital is 15%, its debt cost of capital is 8%, and the corporate tax rate is 40%.
Unlevered cost of capital is
Group of answer choices
14.00%
13.92%
13.54%
13.43%
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