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A firm has a market value of assets of $ 50,000. It borrows $18,750 at 5%. If the unlevered cost of equity is 15% what

A firm has a market value of assets of $ 50,000. It borrows $18,750 at 5%. If the unlevered cost of equity is 15%what is the firms levered cost of equity capital (in percentage)? Assume perfect capital markets.

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