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a firm has a debt-equity ratio of .55 with a cost of debt of 6.7 percent. if it had no debt, it cost of equity

a firm has a debt-equity ratio of .55 with a cost of debt of 6.7 percent. if it had no debt, it cost of equity would be 14.5 percent. what is its levers cost of equity assuming there are no taxes or other imperfections? a. 13.67% b. 18.96% c. 18.79% d. 15.82% e. 17.94%

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