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Assume a firm has a debt-equity ratio of 48. The firm's cost of equity is: Multiple Choice directly related to the risk level of the

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Assume a firm has a debt-equity ratio of 48. The firm's cost of equity is: Multiple Choice directly related to the risk level of the firm. unaffected by changes in the market risk premium. generally less than the firm's aftertax cost of debt. generally less than its WACC

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