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Chandeliers Corp. has no debt but can borrow at 7.1 percent The firm?s WACC is currently 8.9 percent and the tax rate is 35 percent

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Chandeliers Corp. has no debt but can borrow at 7.1 percent The firm?s WACC is currently 8.9 percent and the tax rate is 35 percent a. What s the company?s cost of equity? (Round your answer to 2 decimal places. (e.g., 32.16)) Cost of equity % b. If the firm converts to 25 percent debt, what will its cost of equity be? (Round your answer to 2 decimal places. (e.g., 32.16)) Cost of equity % c. If the firm converts to 60 percent debt, what will its cost of equity be?(Round your answer to 2 decimal places. (e.g., 32.16)) Cost of equity % d-1 If the firm converts to 25 percent debt, what is the company?s WACC?(Round your answer to 2 decimal places. (e.g., 32.16)) WACC % d-2 If the firm converts to 60 percent debt, what is the company?s WACC?(Round your answer to 2 decimal places. (e.g., 32.16)) WACC %

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