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A firm has a debt-equity ratio of 0.45, an unlevered WACC of 12.68 percent, and a pretax cost of debt of 6.8 percent. What is
A firm has a debt-equity ratio of 0.45, an unlevered WACC of 12.68 percent, and a pretax cost of debt of 6.8 percent. What is the levered cost of equity if there are no taxes or other imperfections?
Multiple Choice
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13.68%
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15.58%
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15.33%
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13.72%
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14.67%
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