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A firm's assets are valued at $168.0 million, $ 45.0 million of which is debt with an interest rate of 7.0%. Its cost of capital,

A firm's assets are valued at $168.0 million, $ 45.0 million of which is debt with an interest rate of 7.0%. Its cost of capital, if it was unlevered, would be 8.5%.A tax rate of31.0% applies. PART A: Compute the levered cost of equity in percent. ( )%. (Round to 2 decimal places.) PART B: Compute the after-tax WACC in percent. ( )%.(Round to 2 decimal places.)

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