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Ergo Enterprises has no debt but can borrow at 8 percent. The firm's WACC is currently 13.6 percent, and there is no corporate tax. If

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Ergo Enterprises has no debt but can borrow at 8 percent. The firm's WACC is currently 13.6 percent, and there is no corporate tax. If the firm converts to 30 percent debt, what will its cost of equity be? 16.67 percent 13.00 percent 14:47 percent 16.00 percent 15.43 percent

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