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Calculate the cost of capital for an all-equity firm with equity of $12,500 and expected earnings of $1,900. Multiple choice question. 14.4% 15.2% 16.5% 6.6%

Calculate the cost of capital for an all-equity firm with equity of $12,500 and expected earnings of $1,900.

Multiple choice question.

14.4%

15.2%

16.5%

6.6%

Explain why.

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