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A firm has a debt-equity ratio of .48. Its cost of debt is 7 percent and its overall cost of capital is 10.8 percent. What

A firm has a debt-equity ratio of .48. Its cost of debt is 7 percent and its overall cost of capital is 10.8 percent. What is its cost of equity if there are no taxes or other imperfections? Question 10 options: 10.97% 13.05% 12.62% 11.46% 13.67%

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