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1.A company has a 6% after-tax cost of debt and debt represents 35% of the company's capital structure.Its weighted average cost of capital is 13%.What

1.A company has a 6% after-tax cost of debt and debt represents 35% of the company's capital structure.Its weighted average cost of capital is 13%.What is its cost of equity?

a.19.0%

b.13.0%

c.14.5%

d.16.8%

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