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Bien Company currently has no debt, but it can borrow at 5% rate.The firm has a WACC of 9.5% currently and its tax rate is

Bien Company currently has no debt, but it can borrow at 5% rate.The firm has a WACC of 9.5% currently and its tax rate is 35%.

a)what's its current cost of equity?

b)If the firm converts to 50% debt level, what the firm's equity cost will be?

c)What's the firm's WACC at the 50% debt level?

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