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A firm has total debt of $900 and total equity of $1,600. The cost of debt is 10% and the unlevered rate of return is

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A firm has total debt of $900 and total equity of $1,600. The cost of debt is 10% and the unlevered rate of return is 13%. The tax rate is 34%. What is the cost of equity? Select one: A. 12.29% B. 12.69% C. 13.88% D. 14.11% E. 14.69%

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