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A firm has a debt-to-equity ratio of.5. Its cost of equity is 22%, and its cost of debt is 16%. If the corporate tax rate

A firm has a debt-to-equity ratio of.5. Its cost of equity is 22%, and its cost of debt is 16%. If the corporate tax rate is.40, what would its cost of equity be if the debt-to-equity ratio were 0?

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