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ABC Corp currently has a market capitalization of $445 million, a market value of debt of $68 million, and no excess cash. The firm's cost

ABC Corp currently has a market capitalization of $445 million, a market value of debt of $68 million, and no excess cash. The firm's cost of equity is 9.1% and its cost of debt is 4.6%. Assuming perfect markets, calculate the unlevered cost of capital for ABC Corp. Express your answer in percent and round to two decimals (do not include the %-symbol in your answer).

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