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A firm has a debt-equity ratio of 1.5, a pretax cost of debt of 7.5 percent, and an unleveled cost of equity of 11.6 percent.
A firm has a debt-equity ratio of 1.5, a pretax cost of debt of 7.5 percent, and an unleveled cost of equity of 11.6 percent. What is the cost of equity if you ignore taxes?
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Introduction To Derivatives And Risk Management
Authors: Don M. Chance, Robert Brooks
10th Edition
130510496X, 978-1305104969
