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A firm has a total market value of 30,000. It borrows 7500 at 8% interest rate. If the return on assets is 16%, what is

A firm has a total market value of 30,000. It borrows 7500 at 8% interest rate. If the return on assets is 16%, what is the firm's cost of equity capital? 9.0% 18.0% 21.6% 25.295

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