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Can you check if my answer for step 2 is correct The unlevered cost of equity should be used to discount the FCFs, tax shields
Can you check if my answer for step 2 is correct
The unlevered cost of equity should be used to discount the FCFs, tax shields and horizon value. Step 1: Find the levered cost of equity at old capital structure. rL=16.10% Step 2: Find the unlevered cost of equity. rU=14.43%Step by Step Solution
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