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Beniy Bakery is considering a project that is more risky than the firm's current operations. Therefore, the required return for this project will be 39

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Beniy Bakery is considering a project that is more risky than the firm's current operations. Therefore, the required return for this project will be 39 higher than Benjy Bakery's cost of capital. Benjy Bakery has a cost of equity of 9% and a pretax cost of debt of 8%. The debt-equity ratio is 45 and the tax rate is 25%. What is the cost of capital for this project? C10 Brown stock expects to pay dividends of $2.14 next year. Brown has a growh rate of 2%. What should be the price of this stock at the end of year 3 if you require a return of 9% ? C9 Hide answer choices a What is the weight of equity used in the WACC formula for Wookie, as a percentage? (Round to the whole percent) C10

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