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A firm requires an investment of $30,000 and borrows $10,000 at 6%. If the tax rate is 30%, and the firm's WACC is 11.4%, what
A firm requires an investment of $30,000 and borrows $10,000 at 6%. If the tax rate is 30%, and the firm's WACC is 11.4%, what is the firm's cost of equity?
14.1%
15%
17.4%
5.4%
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