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A firm has a market value of equity of $50,000. It borrows $10,000 at 6%. If the unlevered cost of equity is 16%, what is

A firm has a market value of equity of $50,000. It borrows $10,000 at 6%. If the unlevered cost of equity is 16%, what is the firm's cost of equity capital? A. 24.9% B.18.00% C. 21.4% D. 17.8%

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