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Blitz Industries has a debt-equity ratio of .8. Its WACC is 9.4 percent, and its cost of debt is 6.3 percent. The corporate tax rate

Blitz Industries has a debt-equity ratio of .8. Its WACC is 9.4 percent, and its cost of debt is 6.3 percent. The corporate tax rate is 25 percent. a. What is the company's cost of equity capital? (Do...

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