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Dickson, Inc., has a debt equity ratio of 25. The firm's welghted average cost of capital is 11 percent and its pretax cost of debt

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Dickson, Inc., has a debt equity ratio of 25. The firm's welghted average cost of capital is 11 percent and its pretax cost of debt Is 9 percent. The tax rate is 22 percent. a. What is the company's cost of equity capital? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. What is the company's unlevered cost of equity capital? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) c. What would the company's weighted average cost of capital be if the company's debt- equity ratlo were .60 and 1.50? (Do not round Intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) a % b % Cost of equity Unlevered cost of equity WACC if debt-equity ratio = 0.60 WACC if debt-equity ratio = 1.50 %6 C %

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