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Avian Way has a debt-equity ratio of .21, a pretax cost of debt of 6.0 percent, and an unlevered cost of capital of 15.1 percent.

Avian Way has a debt-equity ratio of .21, a pretax cost of debt of 6.0 percent, and an unlevered cost of capital of 15.1 percent. What is its levered cost of equity if there are no taxes or other impe...

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