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Citee Corp. has no debt but can borrow at 6.1 percent. The firm's WACC is currently 9.4 percent, and the tax rate is 21 percent.

Citee Corp. has no debt but can borrow at 6.1 percent. The firm's WACC is currently 9.4 percent, and the tax rate is 21 percent. a. What is the company's cost of equity? (Do not round intermediate cal...

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