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A firm is worth $1.500, has a 35% tax rate, total debt of $600, an unlevered return of 15%, and a cost of debt of

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A firm is worth $1.500, has a 35% tax rate, total debt of $600, an unlevered return of 15%, and a cost of debt of 8%. What is the cost of equity? Select one: O a. 18.03% b. 20.20% O c. 16.67% d. 12.07% e. 18.41%

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