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8. The Ramiyah Corporation has a weighted average cost of capital (ignoring taxes) of 12%. It can borrow 8%. Assuming that Ramiyah has a target

8. The Ramiyah Corporation has a weighted average cost of capital (ignoring taxes) of 12%. It can borrow 8%. Assuming that Ramiyah has a target capital structure of 80% equity and 20% debt, what is the cost of equity

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